Payroll class integration with QBO profit and loss accounting

Flipping sykesville · ‎May 04, 2022

I have been trying, to no avail, for an entire frustrating year to get the answer to this issue.

when I made the painful and time consuming switch to quickbooks payroll and time sheets, in order for my class (projects) to allocate payroll expenses to the specific project class profit and loss reports, I have had no success.

each day, for a year, I have had employees select the class (project) they are working on, for the purpose of allocating their payroll and payroll tax expense to the specific project, for when I attempt to run a profit and loss by class report.

The payroll by class is tallied in time sheets each week, but after payroll is ran and the expenses are mapped in QBO, they are no where to be found in the QBO profit in loss by class.

What am I missing, and can someone who speaks English fluently and specifically understands my issue please contact me directly.

we have wasted countless frustrating hours on this issue, that I was ensured, multiple times, that the payroll classes should integrate seamlessly into the QBO accounting when I decided to make the switch.

then once making the switch, QBO says it’s a time sheet issue, and time sheets says it’s a QBO issue, and after hours on the phone, countless times, no one who speaks English can help resolve the issue. Please help!! Thank you !!

MJoy_D · ‎May 04, 2022

I can share some information that can help you run your Profit and Loss by Class report, @Flipping sykesville.

Try to check the following article to troubleshoot missing transactions from your report: Why are my income and expense transactions missing from my Profit and Loss report?. This tells you more about how transactions will appear in your report.

In the meantime, try to view your labor cost. This will provide more details about payroll expenses and hourly cost estimates, adding employees' hours to your project. Here's how:

Go to Business overview and select Projects.
If you have the old interface, click Projects.
Find and select the project you want to view.
Select the Hourly Costs drop-down menu.

Hourly time costs are included in the Project Profitability report and can be viewed on the Overview tab. Refer to this article for more information about the details I've mentioned above: Track hourly labor costs and profitability by project in QuickBooks Online.

Here are some other reports that you can run showing your classes: Run reports by class.

After customizing the report, here's how to save it to run the same report in the future: Customize reports in QuickBooks Online.

In case you still need to contact our support, I can show you how. You can reach them by arranging a callback or through chat.

You can reach our Customer Support for QuickBooks Online (QBO) by going to the Help icon at the top right of the account. Follow the steps below:

Go to the Help icon to connect to a live support agent.
Click on the Contact Us button and provide some details about this concern.
Provide us some information about your concern in the What can we help you with? box and click on Continue.
You'll now be provided options on how to connect to our Customer Support.

You can check this article for more information about the different types of support we offer and their availability: QuickBooks Online Support.

Get back to me if you have questions or other concerns about running your reports by leaving a comment below. I'm always here to assist. Have a great rest of the day.

Flipping sykesville · ‎May 05, 2022

None of this info is helpful, as no one wants to take the tome to address the specific issue.

i know how to track time by class in payroll. All my employees track all their hours by class. All my other expenses integrate into the class profit and loss reports. All my contractors payments are tracked as expenses in the class profit and loss reports.

the employee wages are no where to be found allocated to a specific class.

i know how to run profit and loss reports by class.

what, SPECIFICALLY, am I missing to ensure that employees wages that are categorized under a certain class, show up in the class profit and loss reports?

please do not post irrelevant articles.

thank you

ledger1 · ‎December 01, 2022

You can add a class to each employee in payroll settings -> accounting -> class tracking. Only thing is you can you choose one class per employee.

Wages will then appear on your P&L report.

Hope this helps.

Topics

Training

Community

Resources

Payroll class integration with QBO profit and loss accounting