Learn how to enter a payroll liability refund cheque.
When payroll liabilities are overpaid, the liability balance becomes negative. To correct this, you can create a payroll liability refund cheque, which increases the liability balance.
]Before you proceed, create a Payroll Liabilities Balance report. Check for credits (amounts with negative values) that match the amount of refund and the tax item.
If the taxing agency withheld a portion of the refund for a separate balance due:
If interest was paid to you on the cheque...
Do not include that amount in the Deposit Refund of Liabilities. Follow these steps instead:
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