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ses9
Level 1

Allocate retirement expense to classes

I have set up payroll preferences to assign one class per earning item. This has worked fine. We just added retirement benefits, and the expense portion of retirement is unclassified. How do I change this? Employees will often work in more than one class per pay period, so I need retirement to be allocated across classes in the same way as salary, FICA, etc.

1 Comment 1
ReymondO
Moderator

Allocate retirement expense to classes

I'm glad that you reached out to us, ses9.


The option to allocate your retirement expense to class is unavailable in QuickBooks Desktop Payroll. We realize the importance of this feature in running your business.

Let me take note of this as feedback and submit it to our developers so they can check it and probably add this feature in any future updates.

I've included a link that will keep you in the loop when it comes to product developments: www.firmofthefuture.com/product-industry-news/product-updates/

Don't hesitate to tag my name in the comment section below if you have other concerns or questions. I'm always ready to help. Happy New Year!

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