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Accept credit card payments in QuickBooks Online.Explore QuickBooks Payments

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Ashleigh1
QuickBooks Team

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Hello Jpc4, Thanks for coming back to us here so you have options you can post it to an owners equity account as  it explains on the  info above by KlentB or you can post directly to a wages account or you also have the option for a current liability account for payroll clearing.  So you could do the account as account type- equity>name- partner distributions (or whatever you want to call it )>detail type - partner Distributions or account type- expense> name -payroll expense (or whatever you want to call it)> detail type- payroll expense or account type Current Liabilities> name- Payroll clearing (or whatever you want to call it)> detail type-payroll clearing. However for your wages you are best of speaking to an accountant for advice on how you want it posted. As it shouldn’t be an actual bank account. They will be able to advise more on which way is best as we are just technical support here and not trained accountants.

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