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January 30, 2020
Question

How do i engage my 401ks

  • January 30, 2020
  • 1 reply
  • 2 views
No text available

1 reply

Moderator
January 30, 2020

I can help you set up your 401(k) in QuickBooks Online, @mknell.

 

We can simply go to your employee deduction section and add it from there. Here's how:

 

  1. Go to the Workers menu and select Employees.
  2. Click the name of the Employee, then select the Pencil icon.
  3. In the "Does South have any deductions?" section, click Add a new deduction.
  4. Select Deduction/contribution in the Deduction/contribution or garnishment drop-down.
  5. Choose New deduction/contribution in the Deduction/contribution drop-down.
  6. Click Retirement Plans in the Deduction/contribution type drop-down.
  7. Select 401(k) in the Type drop-down.

To ensure you get your yearly tasks done on time, you can check the Year-end guide and checklist in QuickBooks.

 

 

You can always tag me in the comment section if you have further questions setting up your employees deductions/contribution in QBO. I'll always have your back.