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A Friend Indeed
August 14, 2022
Question

I picked the wrong account when paying a payroll liability

  • August 14, 2022
  • 1 reply
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HI,

I messed up.  I paid a payroll liability using a credit card, but when I entered it in Quickbooks Pro Desktop, I entered it into my checking account.  I need to switch this payment to my credit card account but don't want to screw up the payroll liability entry.  Not sure how to do that.  Thanks in advance!

1 reply

BigRedConsulting
BigRedConsulting
August 14, 2022

There's no direct way to pay a payroll liability using a credit card account.

 

To do this, edit the liability payment you've created and on the expenses tab, add a line item that negates the total payment,  using a negative number for the amount, and using the credit card account. When finished, the payment total should be 0.00 in your bank account and the CC account should show the payment.

 

For this case and others, some people use a 'wash' bank account set up on the chart of accounts, so that the entry doesn't appear in your real bank account.

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