We gave employees gift cards from their favorite stores as part of a year end bonus. The gift cards were purchased using a credit card connected to QBO. When I ran payroll I added a bonus amount for the amount of the gift cards as the net amount to account for taxes and ran it as a Paper Check. The problem I'm having is that since Paper Check was the only viable option - how can I match the gift card purchase using a credit card as the payroll expense?
I'm not clear on what you mean by "if you used the credit card account when you created the paper check" - when I ran the payroll I have two options 1) direct deposit or 2) paper check. Since I gave employees a gift card I don't want to direct deposit and double their bonus so I chose paper check. When I go to the banking section for the credit card I used to buy the gift cards and I choose Match nothing shows up.
Since buying the gift card was an expense and payroll is an expense it would seem like I need to make an entry to tie the purchase of the gift card to the payroll item and account for the "paper check" that the payroll system thinks I wrote.