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Replying to:
Regina_Lend_A_Hand_Accounting
Level 9

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Your payroll liabilities are cleared when they are paid, which means they are booked to the payroll liability accounts when payroll is processed and then cleared when the payroll liabilities are paid. 

 

So essentially the recording of your payroll liabilities does not impact your bank account, the payment of those liabilities impacts your bank account.

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