What is the best way to account for monthly contributions from my company to a Defined Benefits Plan? Oddly - you can do this with QB desktop (which is cheaper) but "online doesn't support it" - is what I am being told. Seems ridiculous. It is not done through payroll - which is where they transferred me, but rather a tax deduction that the company takes. I assume one could just add it to the chart of accounts as an expense?
