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usergetwindows
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How does Quickbooks online notify you of simple IRA payments due like quickbooks desktop does in payroll liabilities due?

Where is the notification for Simple IRA payments due found in quickbooks online?
1 Comment 1
Maybelle_S
QuickBooks Team

How does Quickbooks online notify you of simple IRA payments due like quickbooks desktop does in payroll liabilities due?

Hello there, usergetwindows.

 

I understand the importance of how QuickBooks Online (QBO) handles notifications, especially for effective financial obligation management.

 

Currently, the option to notify when to receive notifications specifically for Simple IRA payments due is unavailable within the platform. 

 

While QBO offers a range of features to streamline financial management, including payroll-related tasks, the system does not have a dedicated notification setting for Simple IRA payments. However, you can set up recurring transactions to ensure timely payment and manage liabilities effectively.

 

Here's how:

 

  1. Go to the +New button.
  2. Under Vendors, select Check.
  3. From the Payee drop-down arrow, choose the vendor.
  4. Choose the account you use for liability payments from the Bank Account drop-down arrow.
  5. Enter the Payment date and Check no.
  6. Select the Category drop-down arrow, then click the account you use to track your liability payments.
  7. Put the amount and other information needed.
  8. Tap the Make Recurring button.
  9. In the Recurring Check section, enter a Template name.
  10. Set template Type to Reminder.
  11. Specify the reminder duration for the payment.
  12. Pick the transaction interval based on the payment schedule.
  13. Choose the Start and End date.
  14. Hit Save Template.

 

For more details, check this link: Pay your non-tax liabilities.

 

I've added this article to the list of reports available in QBO: Run payroll reports. Additionally, you can personalize a report to get the information you need.

 

Feel free to leave a reply if you require further assistance handling simple IRA payments in QuickBooks. The Community team always has your back. Keep safe.

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