How do we record employer paid health insurance for furloughed employees who have no paycheck in the 2nd qtr? QB won't let me record a zero paycheck but somehow I need to get employers paid health premium put in for the employee retention credit for second quarter. HELP?
Also, why do instructions for setting up "Cares Expense" for payroll that is eligible for retention credit tell you to set it up as an "other expense"? Still wages and an operating expense in my mind. Not sure why it is saying to set up as other expense. Makes financials look off.
I have done all of that--but when I try to run a payroll with 0 wages and only a zero effect item for the Company contribution for Health credit IT WILL NOT LET ME. Says a zero dollar paycheck cannot be generated and it will not let me proceed with finishing the payroll if there a zero dollar paychecks involved.