Payroll adjustment in QB Enterprise payroll center after pay period ended.

Kareninil · ‎February 24, 2021

How do I correct an error on a Simple IRA contribution from the last payroll of the year. We use a payroll service and they sent over an adjustment. Unfortunately, a JE won't post to the QB Enterprise payroll liabilities account in the payroll center. I need to reduce the employee's Simple IRA contribution on a check and increase his federal and state withholding taxes and cut a check to him for the difference. We have already accounted for the payroll expense and had previously sent the money to be deposited to his Simple IRA account. His financial advisor returned the check and told us the employee had made a deposit unknow to us. So, we need to adjust the Simple IRA money to his federal and state withholding taxes and additional pay into his account.

RCV · ‎February 24, 2021

Let me help you do a payroll adjustment in QuickBooks, Kareninil.

If this paycheck is uncashed or not yet issued, we can correct the information by editing it in QuickBooks. Just follow the steps below:

Locate and open the employee’s paycheck.
Select Unlock Net Pay at the bottom of the Review Paycheck window.
Override the figures to correct the deductions
Review information and click OK.
Then reprint the paycheck.

If it’s already been issued and cashed, we can create a reimbursement check and perform a liability adjustment to correct it. To determine the correct amount deduction you can refer to the pages 48-67 in the IRS publication 15. You can check out the Adjust payroll liabilities in the QuickBooks Desktop article and go to Make a payroll liability adjustment section.

Just in case you need further assistance about this one, feel free to contact our Payroll Support Team. You may send a message via chat, call us at a time convenient to you, or we’ll get in touch with you instead. To ensure we address your concern, our representatives are available from 6:00 AM to 6:00 PM on weekdays and 6:00 AM - 3:00 PM on Saturdays, PST. See our support hours and types for more details about this one.

Feel free to visit our Process payroll page for more insights about running and managing payroll in QuickBooks.

You can always update us after performing the troubleshooting steps or contacting our support in the comment below. I'd like to ensure this is resolved for you. You have a good one.

Kareninil · ‎February 25, 2021

Thanks, that seemed to work!

Kareninil · ‎February 25, 2021

Thanks, that seemed to work.

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Payroll adjustment in QB Enterprise payroll center after pay period ended.