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jeff56
Level 2

How do you pay an employee draw in QB Online? It was so easy on QB Desktop.

 
3 Comments 3
katherinejoyceO
QuickBooks Team

How do you pay an employee draw in QB Online? It was so easy on QB Desktop.

Thanks for visiting the Community, @jeff56.

 

To pay employee draw in QuickBooks Online, you'll need to set up cash advance repayment deduction first, then assign it to an employee. Please note that deductions or contributions can affect taxes, I'd highly recommend consulting an accountant before following the steps below to make sure your books are accurate. 

 

Here's how set up cash advance repayment deduction in QBO:

 

  1. Go to the Settings menu at the top right, then select Payroll Settings.
  2. Choose Deductions/Contributions.
  3. Click Add new deduction/contribution.
  4. Select Other deductions in the Category dropdown list.
  5. From the Type dropdown, choose Cash Advance Repayment.
  6. Enter a description, then click OK.

 

To assign the cash advance repayment deduction to your employee, check out this help article: Set up cash advance repayment deduction. Follow the steps to assign repayment according to your payroll plan type. 

 

For future reference, read through: Supported pay types and deductions explained. it helps you learn about how each supported pay type impacts federal taxes and forms. 

 

Should you have more questions, feel free to visit and write again. We're always around to help.

jeff56
Level 2

How do you pay an employee draw in QB Online? It was so easy on QB Desktop.

I do not have the Deductions/Contributions option under Payroll Settings.  I think maybe I do not have the right QB version.  Going to call in today and see.

SarahannC
Moderator

How do you pay an employee draw in QB Online? It was so easy on QB Desktop.

We're glad to have you back, jeff56.

 

I have other steps where we can add the deduction. We can do it by going to the Employees tab. For the detailed steps, here's how to do it:

 

  1. From the left panel, click Workers and select the Employees tab.
  2. In the Employee list, select the name of the employee.
  3. Click the Edit icon next to Pay in the Employee details.
  4. In box 5, +Add new deduction.
  5. Set up a deduction/contribution by clicking its drop-down arrow.
  6. Once everything is ready, hit OK.

employee.PNGemployee1.PNG

 

If you would like to contact to our specialists, just follow these steps to  get a callback from them:

 

  1. At the upper right corner, click the Help menu to see the Contact us button.
  2. Then, hit the Contact us button at the bottom part.
  3. Add a short description of your concern by entering it inside the What can we help you with? box for example " Pay an employee draw in QB Online".
  4. Click the Let's talk button (green one).
  5. Select Get a callback to talk yo our payroll specialist.

Contact qbo.PNG

 

Get back anytime if you have more questions about payroll. I'm right here and the Community people to assist you more! Take care!

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