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hyavari
Level 1

How can I link bank transfer transactions to an employee's payroll paycheque? We did a direct transfer in 2 small amounts because we don't have the cheque.

We processed payroll, generating a paycheck for the employee and recording an amount of X in the bank balance. However, since we didn’t have physical checks, we split the X amount into two smaller transfers (due to the daily transfer limit) and sent them to the employee’s bank account. This resolved the payment, but now we have two separate bank transactions that we’re unable to link to the single payroll paycheck. I’ve tried multiple approaches, but each has resulted in unbalanced accounts.

Intuit support suggested excluding these transactions, but that feels like sweeping the issue under the rug. Any help would be appreciated!
2 Comments 2
Trish_T
QuickBooks Team

How can I link bank transfer transactions to an employee's payroll paycheque? We did a direct transfer in 2 small amounts because we don't have the cheque.

Hi hyavari26-gmail-,

 

Welcome to Community!  Recording your payroll transactions accurately in QuickBooks Online, is key in maintaining well balanced books.  I would be glad to help!

 

Categorizing and matching the transactions is a vital step in simplifying the reconciliation process.

 

Should you require additional assistance, please don't hesitate to contact us outside of Community. We would love the opportunity to work with you in real time, and ensure you're able to complete your QuickBooks goals without delay!

 

Feel free to reach out again, with other questions.  We would be happy to assist!

hyavari
Level 1

How can I link bank transfer transactions to an employee's payroll paycheque? We did a direct transfer in 2 small amounts because we don't have the cheque.

Thanks @Trish_T .

 

This is not a simple transaction matching. There are two small amounts and they can not match to paycheque record.

 

Hope someone helps.

 

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