Skip to main content

SUMMER SAVINGS 90% OFF QuickBooks for 3 months* Ends 8/27

Buy now
Switch to QuickBooks and 70% off for 3 Months
Talk to Sales: 877-683-3280
Hours
Mon - Fri, 5am - 6pm PST
Sat - Sun, 7am - 4pm PST
Product support & help
Need help signing in?
seh88
August 23, 2019
Question

bank reconciliation

  • August 23, 2019
  • 1 reply
  • 13 views

I enter payroll manually as GJEs.  There are two withdrawals: one for payroll and one for taxes. When it occurs near the end of the month, sometimes one withdrawal is just before the end of the month and one is just after. But the GJE only has one date so I cannot reconcile my statements. How can I solve this?

1 reply

GraceC
Level 4
August 23, 2019

Hello there, @seh88.

 

Thank you for posting here in the Community. I'll be glad to help you with bank reconciliation in QuickBooks.

 

It seems that the withdrawals of your payroll and taxes are posted directly on your bank account from your GJEs. Then you are correct that this will only post a single date even if they are posted twice.

 

Here's a piece of advice so your reconciliation will be perfect. Instead of posting the withdrawals directly on your bank account. change that to liability account, for example, Payroll Wage Liability or Payroll Tax Liability.

 

Then create an Expense or Write Check, use the liability to post your payments. This will give you the correct posting and can reconcile accordingly.

 

Please know that you're always welcome to post if you have any other questions about the QuickBooks service. Have a good one. 

Need QuickBooks guidance?
Log in to access expert advice and community support instantly.
Terms & ConditionsAccessibility statement