Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Hello,
The business owner likes to pay most of the earnings of each employee in cash daily and wants to pay the difference and tax on those payments through weekly payroll in QBO. What is the best way to record this behavior properly?
Thanks
Solved! Go to Solution.
Good Afternoon, @KylerG.
Congrats on making your first post. I'm happy to help you with properly recording those payments inside your QuickBooks Online Payroll account.
When paying each employee cash daily, the best solution to record those payments is not to record them until time to do payroll. This way, you can have everything recorded quickly and properly in QBO. You'll need to keep track of what you paid in cash so that you can see the difference in what you have paid and what more you owe based on payroll.
If you have any further questions about this topic, I'd recommend reaching out to your account to get the best results on your account.
Thank you for reaching back out to the Community. Have a excellent rest of your day!
Good Afternoon, @KylerG.
Congrats on making your first post. I'm happy to help you with properly recording those payments inside your QuickBooks Online Payroll account.
When paying each employee cash daily, the best solution to record those payments is not to record them until time to do payroll. This way, you can have everything recorded quickly and properly in QBO. You'll need to keep track of what you paid in cash so that you can see the difference in what you have paid and what more you owe based on payroll.
If you have any further questions about this topic, I'd recommend reaching out to your account to get the best results on your account.
Thank you for reaching back out to the Community. Have a excellent rest of your day!
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