My payroll journal isn't balancing and i need help.

liz-blake · ‎November 01, 2019

This month i have added two deductions and one bonus via variable input. There is an amount on the credit side of the journal that equates to the two deductions which i have put in the account 'other payroll deductions'. However as the net pay is correct when i create the payroll expense the 'other payroll deductions' isn't cleared. I will attach some screenshots to see if that helps. Thank you in advance.

John C · ‎November 01, 2019

Hi liz-blake

We have been speaking to our senior payroll team as this is not a usual scenerio and gone some testing on a test Paysuite product. We have been advised that you would need to speak to an accountant regarding the best way to account for this. As a straight expense would affect the bank account,it may be the case of creating a separate journal to move this from other payroll deductions however we can not advise what the other side of the journal would be as we are not trained accountants.

John

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liz-blake · ‎November 01, 2019

Here is a screenshot of the journal

John C · ‎November 01, 2019

Hi liz-blake

Which payroll product are you using?

liz-blake · ‎November 01, 2019

I just use the standard quickbooks paysuite

John C · ‎November 01, 2019

Hi liz-blake

We have been speaking to our senior payroll team as this is not a usual scenerio and gone some testing on a test Paysuite product. We have been advised that you would need to speak to an accountant regarding the best way to account for this. As a straight expense would affect the bank account,it may be the case of creating a separate journal to move this from other payroll deductions however we can not advise what the other side of the journal would be as we are not trained accountants.

John

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My payroll journal isn't balancing and i need help.