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Jchen12
Level 2

categorize payroll cost for Quickbook payroll

Hello,

Quickbook payroll books the directly deposit (DD) automatically for wage and tax expense.

 

Bank feeds transactions for wage and tax. Some automatically matches with the directly deposit journals.

Most of the bank feed transactions for wage and tax do not have matches. What should I do with these transactions?

 

I called quickbook support. One person told me just exclude the bank ones. The others do not understand what I am asking.

 

Thanks

Jiang

2 Comments 2
Kurt_M
QuickBooks Team

categorize payroll cost for Quickbook payroll

It's nice to see you here in the Community, @Jchen12. Let me help you with your query.

 

In the banking section, we will need to exclude those transaction that don't match. This is to avoid confusion and to not create any duplicates in your QuickBooks bank register.

 

To begin, these are the steps:

  1. Go to the Transactions menu.
  2. Find the transaction you want to exclude and select it to expand the view.
  3. Select the Exclude this transaction checkbox.
  4. Select Save.

You can refer to this article for more information about excluding and deleting transactions in QuickBooks.

 

If you happen to have any duplicate transactions, you might want to give this page a visit.

 

I'd like to add this article , this is about how to categorize and match online bank transactions.

 

I'll be right here in the corner to help if you need further assistance. Keep safe! 

Jchen12
Level 2

categorize payroll cost for Quickbook payroll

Thanks. Guess this is the only way. Just hate delete items.

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