I have a weekly deduction for one of my employees and he owes $1600 but it will continue into next year so I would like to put maximum deduction for entire amount rather then annual amount? I was hoping I could just set it and not worry about it again.
Welcome to the Community space, happyelectric.
To assist you better, could you please let me know what specific deduction you wish to set up in QuickBooks Online? With the additional context, it will help me provide you with accurate information and explore potential solutions to address your concerns.
We're always here to assist you, so please do not hesitate to reach out to us. Your cooperation is highly appreciated.
I gave a $1600 pay advance and was taking a small amount of $ per paycheck. I set the amount to stop under Max annual but it starts over at end of year and looking for it to continue into next year so have a max deduction until it is fulfilled $100% rather then starting over end of year
Thank you for providing more details about your concern, happy.
Currently, the option to add the maximum deduction for the entire amount for the total advance payment is unavailable in QuickBooks Online. As a workaround, you can enter a zero amount and keep track of the payment outside QBO.
Here's how:
Once the payment is done, you can remove this deduction to ensure it won't continue for the following year.
Additionally, I'm providing this handy resource to help you generate comprehensive financial reports regarding your employees' information, including details about wages, taxes, deductions, and more: Run payroll reports.
Should you need additional assistance with your payroll deduction, feel free to include them in the comments below. Have a great day!
Hello, So this is something quickbooks should work on making happen. This would have helped me on 3 separate occasions. Understanding programming this should be a very simple fix for your programmers.
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.
For more information visit our Security Center or to report suspicious websites you can contact us here