QB Desktop user.
My payroll deductions for Simple IRA Base, Catchup and ER match are set up correctly as payroll liabilities.
The paystubs are accurately generating.
After payroll runs, I go into Fidelity Plan Manager and enter the data for the contributions so that Fidelity will ACH the money out of my business checking account and into the associated employee Simple IRA accounts.
What I can't figure out is the check register entry.
Example: Employee A has $900 in base and catchup contributions and $27 ER match.
I need to enter a line into my check register to show that Fidelity will be pulling $927 out of the business checking account otherwise I can't reconcile the business checking account. What account(s) do I assign the Fidelity payment to?