I've read many posts here but have not found this particular situation.
Scenario: 1) An employee who is eligible for a 401k company match uses paycheck direct deposit to contribute every pay period to a personal 401k they have had since before employment here.
2) They wish to have the company match to be part of the direct deposit.
3) QuickBooks wants to set up a current liability for the new company contribution, but the 'current liability' would be paid with the paycheck and not a company check later.
How do I set up a company match addition that will be treated as a 'regular' 401k match but gets paid to the employee's 401k account with the paycheck and not sit in a liability account until the company pays it?
Thanks in advance for any advice.
Tom