Hello there, ajm01998.
I appreciate such detailed information about your concern. Let me go ahead and address them for you.
You can create a payroll adjustment to reclassify the contributions to Roth 403(b). Before doing so, run a Payroll Summary report for the quarter you need to adjust.
Here's how:
- Go to the Reports menu and select Employees & Payroll.
- Choose Payroll Summary.
- Set the date and click on Refresh.
- Remove the Hours and/or Rate columns by clicking the Customize Report button.
- Under the Display tab, clear the Hours and/or Rate checkboxes. Then, select OK.
- Locate and review the insurance item under the Employer Taxes and Contribution section.
For the detailed steps in creating an adjustment, refer to this article: Adjust payroll liabilities in QuickBooks Desktop.
I'd still recommend conferring with your accountant or bookkeeper for further guidance in recording the payroll adjustment.
You might also want to visit our help page to browse articles that can guide you with your QuickBooks tasks. To get started head to our QBDT help articles at this link.
I'm just a post away if you have any additional questions about doing the liability adjustment or anything about QuickBooks. I'm more than willing to help. Have a great day.
