cancel
Showing results for 
Search instead for 
Did you mean: 
Rochelle_
Level 4

Unpaid Sick Leave Benefit Tracking in Quickbooks Desktop Premier Plus with Assisted Payroll.

Hello Helpful People! 

There is an employee on extended sick leave, and all PTO is exhausted. 

This employee needs the medical insurance, so even though the employee

is not working, the company is generously continuing to pay both the employee portion 

and the employer portion of the medical insurance. 

Quickbooks Desktop Payroll phone support set up a payroll liability adjustment to 

track that payment so it does go into the payroll liability account, and all of that

is good, but on the profit and loss it shows up as: "payroll expense - other".

What kind of account should be set up to give the account it's own line item on the P&L

and be able to create a deduction when the employee returns to work ?

 

Thank you! 

Solved
Best answer August 10, 2023

Best Answers
BigRedConsulting
Community Champion

Unpaid Sick Leave Benefit Tracking in Quickbooks Desktop Premier Plus with Assisted Payroll.

If the company is paying for an employee's deduction, and will later get that money back, then it's a loan to the employee. This is asset for the business.  So, set up an asset account to track the money the employee owes the company.

View solution in original post

2 Comments 2
BigRedConsulting
Community Champion

Unpaid Sick Leave Benefit Tracking in Quickbooks Desktop Premier Plus with Assisted Payroll.

If the company is paying for an employee's deduction, and will later get that money back, then it's a loan to the employee. This is asset for the business.  So, set up an asset account to track the money the employee owes the company.

Rochelle_
Level 4

Unpaid Sick Leave Benefit Tracking in Quickbooks Desktop Premier Plus with Assisted Payroll.

Thank you so much!

Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.

Need to get in touch?

Contact us