I did as you stated. I recorded the ACH transaction as a transfer to the 401(k) liability account, which debited that account to balance the credit to the 401(k...
I use a 3rd party Payroll - Gusto. I think I figured it out. I created a Journal Entry and debited the Benefits Liability account and credited the Business chec...
I'm using a 3rd party payroll -- Gusto. I think I figured it out. I created a Journal Entry. Debited the Benefits Liability account and credited the business ch...