QuickBooks Desktop allows you to set up vacation time and accrual that can be used when paying employees.
Important: Please note that changing the vacation available by going to Employees > Employee Centre > double-clicking an employee > Payroll Info tab > Vacation will not change the actual vacation accrual/liability amount for the employee. You will need to do this within the payroll module.
If you have adjusted the vacation pay for an employee, and accounts and reports should be affected by the adjustment, adjust the amount of vacation pay accrued on the next pay cheque for the employee.
If you have adjusted the vacation pay for an employee and the the accounts and reports do not require adjustment, an adjustment can be made in the employee's information:
You may need to correct an over calculation of vacation accrual if an employee's accrued vacation was set up incorrectly and vacation pay is accruing at a rate higher than 4%.