It's nice to have you here today, @Putman57. Let's adjust your payroll liabilities to clear the discrepancy when reconciling in QuickBooks Desktop (QBDT).
When payroll liabilities display a balance despite being paid, we can make an adjustment to fix them. To do that:
- Go to Employees and select Payroll Taxes and Liabilities.
- Click Adjust Payroll Liabilities.
- Enter the Date and Effective Date.
- In the Adjustment is for: section, select Company.
- Under the Item Name column, select the payroll item to adjust.
- Enter the Amount of the adjustment. If the item is under-withheld, enter a positive amount to increase. Otherwise, enter a negative amount to decrease.
- Enter a note in the Memo section for reference.
- Select Accounts Affected, choose Affect liability and expense accounts, then OK.
- Select Next Adjustment if you have additional liabilities to adjust. If none, click OK to save the changes.
I'll share this article for further guidance: Adjust payroll liabilities in QuickBooks Desktop Payroll.
Moreover, I'll share this reference to help you close out your current year and prepare for the new one with your accountant: Year-end guide for QuickBooks Desktop. Doing so ensures all transactions are accurate and your year-end reports reflect the correct financial information.
Should you need additional assistance resolving your payroll liabilities discrepancy, please don't hesitate to reach out. The Community is here to help anytime. Stay safe, and have a wonderful day ahead.
