- You set up Health Insurance Company Contribution with the wrong tax tracking type and need to correct the liability amount after creating a new company contribution item with the correct tax tracking type.
- You need to adjust year-to-date (YTD) wages, deduction, or addition Payroll Items for an employee who will not be receiving any more future paychecks (i.e. terminated employee).
- You need to increase or decrease the amount for company contribution items such as Health Savings Account (HSA), Simple IRA company match, or 401(k) company match.
If the adjustment will impact or change the data on your quarterly return, you might consider doing a quarter-to-date (QTD) adjustment instead of a year-to-date (YTD) adjustment.