Thank you for the response, @tamk161.

Payroll Clearing is a default liability account for your payroll liabilities, such as taxes and deductions you withhold from your employees' pay.

See the following article to know more about the balance sheet report: What is a Balance Sheet report?. In case you'll encounter problems with this report in the future, here's an FAQ: Basic troubleshooting for balance sheets article.

Let us know if you need further help with your balance sheet report. We're always here to assist. Have a wonderful day!