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gracemadd
Level 1

For wage garnishments, what should we categorize the payout to the taxing authority, attorney, etc. as?

 
2 Comments 2
ZackE
Moderator

For wage garnishments, what should we categorize the payout to the taxing authority, attorney, etc. as?

Thanks for reaching out to the Community, gracemadd.

 

To properly identify what you should categorize wage garnishment payouts as, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.

 

Here's how it works:

  1. Go to our Find a ProAdvisor page.
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  4. Browse through your results and find one that works best for the business. You can click on each ProAdvisor's profile to learn more information about them.

 

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You'll also be able to find many detailed resources about using QuickBooks in our help article archives.

 

If there's any additional questions, I'm just a post away. Have a lovely day!

SherrySel
Level 2

For wage garnishments, what should we categorize the payout to the taxing authority, attorney, etc. as?

Hello!

 

Are you using Quickbooks Payroll? If you are, when the garnishment was deducted a liability account was credited. In most cases it would be Garnishments Payable. This is the account that you would need to debit when sending the funds to the authority.

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