Payroll Contributions and Deductions

I appreciate you sharing your query here in this forum, matthewcramer-lc. Let me share insights to help you handle payroll contributions when running employee's paychecks.

Usually, when running employee payroll, contributions and deductions should be added and reviewed when creating their paychecks. In your case, you may consider adding this contribution the next time you run your payroll. Doing so will help ensure these payroll data are recorded efficiently.

In addition to that, you may also void or delete the created paycheck and re-create another for your employee with the added $100 contribution on it. Then, conduct an internal agreement between you and your worker since QuickBooks alone is used for recording purposes only.

With this, it's best to consult an accountant or payroll expert to help provide additional guidance on your concern.

For future reference, I'm adding this article to help you learn about filing state and federal taxes in QBO: Pay and file payroll taxes and forms.

You're always welcome to leave a reply below if there's anything else you need assistance with when managing payroll contributions and deductions in your account. I'll be around whenever you need help. Keep safe and have a good one! 

Thanks much for your response,

It's not clear on me how to add a contribution.

I thought I had done so in QuickBooks Online using the directions...it appeared to be all set up. Yet it was not included in the paycheck.

So I'm unsure what I did or didn't do. 

Can you assist further?

Again: I followed the directions to the letter...so not sure why the money wasn't withdrawn and added to the paycheck...

Thank-you,

Matt Cramer

I understand the importance of ensuring that contributions are added to paychecks, Matt. I'm here to share additional insights about this. 

When processing employee payroll, it's important to include and review contributions and deductions when generating their paychecks. In your situation, you might want to consider adding this contribution during the next payroll run.

Here's how:

1. From your Payroll menu, go to the Employees tab.
2. Select your employee.
3. Scroll down to the Deductions & contributions section, and select Start or Edit.
4. Click the + Add deduction/contribution button from the Deduction/contribution type.
5. Set all the information needed. 
6. Click the Save button once you're done. 

By following these steps, you can address the issue and ensure that contributions are added to future paychecks.

I've added this article to help you prepare payroll taxes and forms, so you can submit them on time: Pay and file payroll taxes and forms electronically in QuickBooks Online Payroll.

The Community space is open 24/7 if you have additional questions about managing payroll deductions. Don't hesitate to comment below. Keep safe! 

This does not help with my question. When deducting for the employees part of medical, vision and dental insurance what do I select on the tax tracking type? The way everything is listed is very confusing. There is nothing saying medical insurance or vision insurance etc. We have some employees getting medical and vision, some getting medical and dental and some just getting medical. 

Thanks for joining this thread, Lori 1971.

I want to make sure you're able to correctly record the medical and vision items for employees in your QuickBooks Online Payroll account.

Here are the steps to differentiate medical, vision, and dental insurance items:

1. Go to Payroll, then Employees.
2. Select your employee.
3. From Deductions & contributions, select Start or Edit.
4. Select + Add Deduction/contribution. 
5. From the dropdown menu, select the following:
   - Deduction/contribution: Add deduction/contribution
   - Deduction/contribution type: Health insurance
   - Type: Select Medical insurance, Vision Insurance, or Dental Insurance. If you're setting up a pre-tax item not listed like commuter benefit, AFLAC accident or cancer, etc, select Vision Insurance.
6. In the Description (appears on paycheck) field, enter the provider’s name.
7. Select how your deduction is calculated, then enter the amount or percent per paycheck.
8. Select Pre-tax insurance premium or Taxable insurance premium.
9. If you contribute a matching contribution, add an amount or percent per paycheck for the company contribution.

10. When finished, select Save, then Done.

The following article provides additional info about setting up and managing payroll items for your insurance benefit plan.
 

Please don't hesitate to drop a comment below if you have any other questions. I'll be here to lend a hand.