Hi there, Prestige. You can review deductions by generating the Payroll Details Report or checking the Chart of Accounts
When your data was converted into QuickBooks, pre-conversion IRA deductions were likely moved into a payroll liability account auto-created during the transfer. However, this account might not match the one you’re currently using to make payments.
The Payroll Details report helps you check how deductions were applied and whether they were recorded correctly. Here’s how to generate it:
- Go to the Reports section in QuickBooks.
- Search for Payroll Details Report in the menu.
- Adjust the report to your needs by setting an appropriate date range or filtering for specific employees or deductions.
- Carefully review the report to ensure deductions are being correctly allocated.
Alternatively, you can explore the Chart of Accounts to locate the liability account. Here’s how:
- Head to the Accounting tab and open the Chart of Accounts.
- Look for the account tied to deductions or contributions—such as the payroll liability account or the IRA deduction account.
- Open the account register to examine individual transactions and confirm how the deductions were recorded.
If the deductions were not carried over during the conversion process, you may need to recreate them manually as journal entries reflecting the pre-conversion deductions.
If you have follow-up questions, feel free leave a comment below.
