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Hello, I recently refunded an employee for over-deducted health insurance. When I did this I didn't notice that the employer portion should have also been reversed. Therefore, instead of crediting the company portion of heath insurance it added to it, which has overstated the total company paid portion for this one employee. How do I correct this? I don't want to just do a liability adjustment because that only affects the total liability, NOT the amount reported for the individual employee. Thank you
Thanks for sharing such detailed information, sbanning.
Let's get this straightened out and help you correct the company contribution.
Your concern about changing company contributions for employees can be fixed by making payroll adjustments. I understand that you don't want to do adjustment, however, this is the only way to correct this situation. When you do this, make sure to select the correct accounts affected.
For more information about adjusting payroll liabilities, you can read through this guide: Adjust payroll liabilities in QuickBooks Desktop
In case you need to manage your payroll, you can run and customize reports in the program. Just go to Reports from the top menu and select Employees and Payroll.
Anything else you need help with or additional questions about payroll can be answered here in the Community. Just let me know and I'd be to assist.
Hi banning,
Hope you’re doing great. I wanted to see how everything is going about paying the employee contribution you had the other day. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.
Looking forward to your reply. Have a pleasant day ahead!
Hello, yes thanks I actually realized what I needed to do right after I posted the question; but now it's here for anyone else who gets confused and over-thinks things, like me!
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