Use this account type for:
- Wage Expense
- Company Contribution
- Employer Taxes
- Payroll Expenses
Learn how to manage your payroll accounting settings to track your payroll transactions.
You can customize how you track your payroll wages, taxes, deductions and company contributions in your chart of accounts to meet your accounting needs.
We’ll show you how to change or update your payroll accounting settings.
QuickBooks Online Payroll automatically creates default accounts where your payroll liabilities and expenses are recorded. But if you prefer to record it in a different register or account, you can add a new one in your QuickBooks Online Chart of Accounts.
Note that for payroll expenses and liabilities, QuickBooks won't allow you to use a different account type such as Cost of goods sold.
Not sure what payroll account type to use? Here are the different payroll account types you can use to track your payroll transactions.
Use this account type for:
Use this account type for:
Edit the existing account if you simply want to change the type or name. Or add a new account if you prefer to use a different one for a specific payroll item.
Follow the steps below to add or edit a payroll account. If you already have the account you want to use, skip to step 3.
Now it’s time to update your payroll accounting preferences.
Follow the steps below to update your payroll accounting settings.
To change past transactions: