I use ADP for payroll which is mapped to quickbooks and create a journey entry for each category of payroll (i.e workers comp, pay, taxes...) I just created two employee benefits which both have deductions from the employee which I know need to go into a liability account but I'm confused on how to set them up to properly track not only the credit but the deduction since the employer portion is paid as one lump sum and then creates a negative in the liability account.
example. employee A elects to partake in a benefit that cost $100/mo with employer paying 50%. Each month $50 is deducted from the paycheck and recorded via journey entry from ADP into a liability account. but each month my bank account pays the vendor $100. if I deduct the amount form the liability it now has a negative $50.
second benefit is set top the exact same except its 100% employee paid, however I also have said befit so again for example. benefit costs $100. each month $100 is deducted from employee and journal entry is recorded to liability account. however since I also have said benefit (I am owner draw not payroll) each month $200 is deducted from my back account and there again is a discrepancy not the liability amount
How can I set up multiple categories of where this is deduction and credit are tracked to ensure proper management of them.
