Payroll Check Wrong Amount

I'm pleased to see you here, @soaringinhisgift.

You may choose not to record the error as it's already taken care of by your bank. If you wish to document this in QuickBooks to follow the actual money in and out transaction flow, you need to enter two transactions. First, write a check for 1 cent affecting the expense account. Second, make a bank deposit with the same amount and account. 

Before following these steps, I recommend consulting your accountant for further advice. Your accountant will know what's best for you and your business. If you don't have an accountant, don't sweat. You can find one here: QuickBooks ProAdvisor.

Here's how to write a check:

1. Go to the Banking menu and then Write Checks.
2. Choose the bank account is taken from.
3. Modify the date.
4. Select the payee whoever the check was issued for.
5. Under the Expenses tab, select the payroll expense account.
6. Enter the amount and then hit Save & Close.

Then, enter a bank deposit to match it with the credit sent to you. Follow these steps:

1.  Go to the Banking menu and then Make Deposits.
2. In the Make Deposits window, choose the account in the Deposit to dropdown.
3. Select the date.
4. Pick the payroll expense account under the From Account column.
5. Enter the 1 cent amount.
6. Add a memo as needed.
7. When you're done, select Save & Close.

Additionally, this article provides instructions on what to do when a payroll item on a paycheck is not calculating or is calculating incorrectly: Fix Payroll Item.

Please let me know if you have any questions or concerns. I'll be here every step of the way. Take care and have a wonderful day ahead!