mapping desktop chart of accounts for payroll with online
Hi,
I'm trying to map the setting up of the online payroll journals with the imported payroll entries from Desktop - so in Desktop I had Payroll Expenses - Pension - Bonuses - but the April payroll done on line is using Wages Expense and several liability accounts - I have been onto settings/payroll settings but will not let me map the COA to Payroll Expenses - what am i missing?
QuickBooks Online only allows a Liability account for the deductions and taxes. With QuickBooks Online, you'll have the option to use different accounts for different wages.
Here's how:
Go to the Gear Icon.
Choose the Payroll Settings.
Click the Preferencetab.
Go to theAccounting Preferences.
Choose bank account for your payroll.
Choose the specific wage expense account for your employee by clicking the drop-down arrow.
Click OK.
You can check out these articles about importing your data to Online version:
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.