JenoP
Moderator

Taxes

Jumping in to answer your question about recording tax payments, Luapwen.

 

The steps shared by Klent are also applicable for payments made via phone calls. You can enter a short description in the Memo column of what the entries are for.

 

If no record has been made for the payments, you can select Affect liability and bank accounts after clicking Accounts Affected. Use this option if you want the prior payment to show up in the bank register automatically. If a check is already recorded or downloaded via Bank Feeds, select Affect liability accounts but not the bank account. Here's a more detailed article for more details: Enter Historical Tax Payments in Desktop Payroll.

 

You'll also to run these reports if you want to have an overview of the payroll amounts and tax balances: 

 

 

As always, don't hesitate to reach out to us or reply down below if you have other questions. We're always here to help and guide you again.