Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowHello,
Due to the PPP loan, we have opened a temporary bank account where the pop loan was deposited. We usually pay our liabilities with our operating account, but this time we decided to go on EFTPS portal and pay 941 using the temporary bank accounts since it is only temporary rather than change it in QB. Now, I noticed the payment schedule in QB still show pending to pay, how can I remove this? please help me.
Thank you
You’re most welcome, @Patsypat20.
Let me provide you the steps on how to remove the payroll liabilities that show pending on your account.
Since the payment was made and liabilities still show as pending, you can enter historical tax payment or prior payments to mark them as paid.
Here’s how:
You can check this article for additional details and screenshots for the steps I’ve provided: Enter historical tax payments in Desktop payroll.
QuickBooks Desktop also offers payroll and reports to help manage and track employee’s expenses. Please visit this link to learn more: Customize payroll and employee reports.
Reach back to me if you have any other questions concerning Quickbooks. I'd be happy to help. Have a nice day!
By paying your full 941 payment due from the PPP loan bank account you did not in fact do what you thought you set out to do since the EMPLOYER SS and MEDICARE are NOT allowable payroll expenses to be paid with PPP funds for forgiveness. Unless, of course, you used two bank accounts for making the payments.
be that as it may, the proof of loan use is not tied to any one bank account and your proof is in reports, forms, and cancelled checks
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.