Thank you for joining the thread and for the detailed information, @Moneytalks.
It's possible that the payment recorded doesn't include the deduction or the wire transfer fee of $20.00. Be sure that the amount you've input is the same amount received by the bank.
With this, I encourage looking over the payment entered. The amount that should post on your bank register shouldn't have the fee for reconciliation.
To include the wire transfer fee, add the amount in negative under the Add funds to this deposit section.
Let me know if you have any other questions. I'm more than happy to help. Have a wonderful day!
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Hi @anneewest , This depends on where in Canada you are. In Saskatchewan, Vacation Pay is payable on Vacation Pay. This is also true in BC, AB, QC and NL. This is why in QB Desktop, for the final cheque, even when you pay out what you think is the total Vacation Accrued up to that point, the accrual figure still shows a small amount - the amount now owing on what you have just paid them out for Vac Pay. So you have to keep increasing the final payout by bits until the Vac Accrued amount is at $0.00 on the final cheque. I know that QBO handles vacation pay so much differently than Desktop, and I'm not convinced that it is actually doing things accurately. There are several concerns which I have spelled out in detail to Intuit staff and am hoping that they look at it very closely. In any case, @anneewest , are you in one of the provinces listed above where Vacation Pay is owing on Vacation Pay? It almost looks like it by your example below; If you have leftover Vacation after you've paid out what you think the accrual should be, it is likely because that is the amount of vacation now accrued on the payout you just did. As I mentioned above, you may have to keep adjusting the amount until the Vacation Accrued is at $0.00, at which point the employee has now been paid out the correct final amount. If you are not in a province where Vacation Pay is payable on Vacation Pay, then there should be no extra balance after paying out what you see as the final amount accrued and then paid.
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