I own an S-Corp and am the sole employee, and am having trouble documenting my payroll. I use a 3rd party service for the payroll. Using the Employee Center I entered the gross pay, the payroll liabilities and net pay, and then documented 2 checks to the 3rd party provider for the liabilities and net pay. What I'm struggling with is recording the receipt of the net pay back from the 3rd party... and having it show up in my employee payroll.
Perhaps it is the account(s) I'm using to create the payroll event - gross wages are to the Payroll Expenses - Wages account, employer and employee taxes are to the Payroll Liabilities accounts, and net pay is to a Direct Deposit account. I'm guessing that is wrong because the of the check to me (employee) is blank.
Appreciate any guidance...
