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kayla4
Level 1

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

 
Solved
Best answer February 01, 2019

Best Answers
kayla4
Level 1

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

So our company accounts and cards are connected to our QB system. We pay our 401(k) and the profit sharing bonus that goes into it through ACH. When it appears in our banking section of QB is when I deal with tagging it and adding it to our expenses. How would I go about it appearing or noted for 2018 in that case?

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JonpriL
Moderator

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

Thank you for getting back to us, @kayla4!

 

You can change the dates of your online banking transactions once added or matched to QuickBooks.

 

Let me show you how:

  1. Go to the Banking page.
  2. On the Bank and Credit Cards drop-down menu, choose your bank account.
  3. Find the transaction to be added or matched.
  4. Select the In QuickBooks tab.
  5. Click the transaction you want to add notes.
  6. Select the date on the Payment date field.

Once done, transactions will be posted on your 2018 reports.

 

However, I still recommend seeking advice from your accountant for further instructions about changing the dates of your transactions.

 

We'll be always here to help if you have any other questions.

View solution in original post

3 Comments
FritzF
Moderator

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

Hi there, @kayla4.

 

It's nice to see you again here in the Community. I'm here to help make sure this is taken care of.

 

Just to clarify, did you enter the 401k profit sharing through bank deposit in QuickBooks Online (QBO)? If so, you can change the deposit date for each transaction to 2018 before entering them into the system.

 

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Just in case, you can also check out these articles for more information:

 

 

That's it! Please let me know if you're referring to something else by leaving a comment on this thread. I'm always here should you need further assistance. Cheers!

kayla4
Level 1

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

So our company accounts and cards are connected to our QB system. We pay our 401(k) and the profit sharing bonus that goes into it through ACH. When it appears in our banking section of QB is when I deal with tagging it and adding it to our expenses. How would I go about it appearing or noted for 2018 in that case?

View solution in original post

JonpriL
Moderator

Inputting 401K profit sharing deposit for 2018 in now, how do I note it for 2018 instead of 2019 within QB?

Thank you for getting back to us, @kayla4!

 

You can change the dates of your online banking transactions once added or matched to QuickBooks.

 

Let me show you how:

  1. Go to the Banking page.
  2. On the Bank and Credit Cards drop-down menu, choose your bank account.
  3. Find the transaction to be added or matched.
  4. Select the In QuickBooks tab.
  5. Click the transaction you want to add notes.
  6. Select the date on the Payment date field.

Once done, transactions will be posted on your 2018 reports.

 

However, I still recommend seeking advice from your accountant for further instructions about changing the dates of your transactions.

 

We'll be always here to help if you have any other questions.

View solution in original post

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