So I'm working on payroll for this week and quickbooks won't let me change the company contribution to what it needs to be to take into account for last week's bonus check's refusal to contribute to the retirement accounts.
for instance for employee 'A':
if this week's payroll check is $500
and the year end bonus check was $1000
3% company match on $500 is $15
3% company match owed on bonus check is $30
= $45 needed for year total contributions to = 3%
Quickbooks only allows the $15, when I enter the combine amount of $45 it reverts back to $15.
I am however able to fix the employee contribution side to the needed $45.
Please help, I'd like to get this fixed before direct deposit withdraws tomorrow.
