Let me help find out how much you paid for payroll every month, Elizabeth2612.
When the Payroll service is set up in QuickBooks Online, you've selected accounts to record payroll liabilities and expenses. All employee wages and employer taxes go to the same account.
That being said, you can run the expense account from the register, and view transactions from there. To do so, you need to view which account to open through the payroll preferences.
Here's how:
- Go to Settings and select Payroll Settings.
- Select Preferences under Accounting.
- Once you are there, you can see which Expense and Liability accounts are affected when you create a paycheck, make a tax payment or create a deduction.
You can take note of the accounts. Then, go to the Chart of Accounts and run a report from there. Let me show you how:
- Select Settings at the top, then Chart of Accounts.
- Locate and open those accounts above.
- Click Run report.
- You can export the report to Excel and manually add the total expenses.
Another way to find the total payroll expenses is through your bank statement.
Let me know if you need anything else aside from finding your monthly payroll expenses. I'll be right here to help you.
