Rea_M
Moderator

Employees and payroll

Thanks for getting back to us here in the Community, @utilitree.

 

You'll have to process a liability adjustment to both 401K and Roth payroll items so you can fix employees' liabilities in QuickBooks Desktop (QBDT) Payroll. I'll gladly share further details about this.

 

When you use a liability adjustment, you're able to correct each of your employee's YTD wages, taxes, and deduction items. With this, you need to process one for both 401K and Roth payroll items to correct and balance out their amounts. Then, remove the unnecessary (401K) payroll item to each of your employees' profile. This also ensures their YTD deduction shows Roth instead of 401K and correct their paycheck data.

 

Once you're ready, you can refer to this article for the step-by-step guide: Adjust payroll liabilities in QuickBooks Desktop Payroll.

 

Also, a variety of payroll and employee reports can help you manage payroll and keep track of employee expenses in QBDT. You may want to check out this article as your reference to guide you in customizing them to get the data you need: Customize payroll and employee reports.

 

If you have other payroll concerns or questions about liability adjustments in QBDT Payroll, please don't hesitate to let me know in the comments below. I'm always ready to help. Take care, @utilitree.

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