Matching payroll payments

Hi user16100, 

Thanks for joining us here on the Community.🙂

To match to the journal this will need to post to the bank account, is the director's salary account set up as a bank account? 

Hi GeorgiaC,

Thanks.

No, the directors salary account is an expense account.

Let me add a few information about the recording director's fee so you can match them, user16100.

The Director's fee or remuneration is the process by which directors of a company are compensated, either through fees, salary, or the use of the company's property, with approval from the shareholders and board of directors. Thus, this will surely increase the expense.

You must have a corresponding bank account when recording it as Journal Entry. To do this, I recommend reaching out to your accountant so you'll be guided on what accounts to use and how you can properly record your entries so you'll be able to match them to the correct transactions in QuickBooks Online (QBO).

For you to be guided, visit these help articles for more information.

Please let me know if you need further assistance with matching bank transactions. We're always right here to help if you have any other concerns. 

Thanks MariaSoledadG