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September 29, 2021
Question

Can I move an employee (along with their leave accruals) from one related company to another, both companies are using Quickbooks?

  • September 29, 2021
  • 1 reply
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1 reply

September 29, 2021

Hi kathy120,

 

If you're trying to transfer an employee data from one QuickBooks account to another you can enter the leave accruals as an opening balance. 

 

Here's how to enter an opening balance of an employee: 

 

  1. Go to Employees tab and select the name of the employee.
  2. Select Opening Balances.
  3. Select the Leave Balances tab and enter the amounts as of the date you moved to QuickBooks Payroll, then select Save.
  4. Select the Earnings tab and enter the amounts, then select Save
  5. Select the Deductions tab, enter the balances then select Save.
  6. Select the Employer Liabilities tab, enter the balances, then select Save.
  7. Select the Super & PAYG tab, enter the balances, then select Save
  8. Select the Employment Termination Payments (ETPs) tab, enter the balances, then select Save.

For more information, you can also check on this article: Enter payroll opening balances in QuickBooks Payroll powered by KeyPay.

 

You can always get back to us if you have queries that we can manage within the Community. Have a great day!