Clear up past balance on Payroll account in Other Current Liabailtiy

Hi there,

My colleague already provided a great response to the question that you've posted. You can refer to this link to see what they suggested doing in this situation: Amounts left in Other current Liability for payroll.

Let me know in the comment section if you have follow-up questions with payroll liabilities or with QuickBooks. I'm glad to answer all of them. Keep safe!

Thank you for your response.   I can pull up the reports I need --- this does not explain how to clear up balances that were paid to Federal and State agencies.  

I am not sure I should adjust anything seeing how it was a few years back.    Keep in mind that we no longer are using QuickBooks payroll. 

Seeing how it looks like we owe the amount (which were paid), I thought it would be nice to zero out the accounts. 

Hello!

Thanks for following on your concern. I'd like to add more details about your scenario.

I understand that you were outsourcing your payroll, you've already paid your payroll liabilities. However, those payments were not reflected in the payroll center that's why your records show that you have outstanding liabilities.

To resolve this, you will need to reflect your payment in the payroll center by adjusting your payroll liabilities. This is the instruction given in the post that Betty shared. However, I would suggest speaking with your accountant since this covers your records starting in 2019. Maybe they can do journal entries to fix this. They are the best resource for making corrections.

Let me know if you have other concerns or if your accountant has instructions that you find challenging to do in QuickBooks.