I appreciate you providing details of your concern, @PRN. I'd be glad to help you set up your post-tax Roth 403(b) retirement plan in QuickBooks Online (QBO).
Yes, you can set it up using the Company-only plan type. Let me guide you how:
- Sign in to your QBO account. Then, select the Gear icon.
- Choose Payroll Settings.
- Under Payroll, click Deductions / Contributions.
- Then, choose Add a New Deduction/Contribution.
- Select Retirement Plans as the Category.
- Next, click Company-only plan for Type.
- Type the name of the provider or plan.
- Once done, click Ok.
If you want 403(b) as the type, you simply need to enter an amount at the bottom part of the page with the company contribution.
To get more information about setting up a post-tax Roth 403(b) retirement plan, feel free to visit this article: Retirement plan deductions/contributions.
In QBO, you can run several payroll reports to keep track of your employee information and your company's finances. Each report has corresponding data that they display, you can also export or print them to have a handy copy that you can use as a reference.
You can get back here if you need additional assistance setting up Roth 403(b) retirement plan in QBO. I got your back. Have a good one.
