How do you enter in Quickbooks on line a Retirement Contribution (expense) for employer/employee and SEP Payable (liability). Please send step by step instructions.

Hello @janice4,

You can create the retirement contribution items from the payroll settings. Then, assign the deduction or contribution item to your employee. Let me guide you with the step-by-step instructions.

1. Go to Gear, then Payroll Settings.
2. Under Payroll, tick Deductions / Contributions.
3. Click the Add a New Deduction/Contribution link. Choose Retirement Plans for Category and Type (the applicable retirement plan.)
4. Enter the name of the Provider or plan. Hit OK.
5. Press Yes to the Assign To Employees pop-up window. You'll be routed to My payroll.

In the My payroll screen, assign the deduction/contribution item to each of your employees. Here's how:

1. Click the employee's name and then Edit employee.
2. Scroll down to Step 5, and select the Add a new deduction link.
3. Choose the Deduction/contribution from the drop-down. Enter the amounts for Employee deduction and Company-paid contribution.
4. Press OK. See attached screenshots below.

Please refer to this article about retirement plan deductions/contributions for more detailed information.

I'm also attaching our page about payroll general questions for your reference.

Thanks for visiting the Community, enjoy the rest of the day. I'd be around if you have other questions.