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February 27, 2024
Question

How do I change the PAYG liability account that gets used when posting a payrun. The account I want to use is not showing as an option when I try to update it.

  • February 27, 2024
  • 1 reply
  • 0 views
My issue is, there are 2 code PAYG liability and PAYG withholdings payable and payroll posts to one and when a BAS is lodged it posts to the other. I would like just one code to be used but in payroll settings it will not let me select the other PAYG code from the list.

1 reply

February 27, 2024

Hello info-bookco-com-,

 

Let me guide you on how you can import the PAYG account from QBO Chart of Accounts to your Payroll Chart of Accounts. Here's how to:

 

  1. Click on the Payroll tab.
  2. Click on Chart of Accounts.
  3. Click on Default Accounts.
  4. Click on Import Accounts button.
  5. Check from the drop-down list if you're able to select the correct PAYG account.
  6. Click on Save.

Your payroll journals will be posted to the account selected in the payroll default chart of accounts moving forward.

 

Check this link to learn more about: Set up and configure payroll chart of accounts.

 

Drop by again in the Community if you have other concerns. I'll be around to help you.