richard96
Level 5

Employees and Payroll

The issue is QB no longer shows a true and fair view of the accounts at each month end, as the adjustment for employment allowance doesn't happen until the next month. Which is a bit of a deal breaker for an accountancy package really.

 

Therefore we have to manually adjust this by posting a reversing journal each month to correct the incorrectly stated liability. Which is a massive waste of time!