Quick Search Results

    Not finding your answer?

    View More Results
    Top

    Change the account in which payroll fees are posted

    Article ID: 1000059

    Overview

    When payroll is transmitted, QuickBooks posts fees (such as monthly, employee or direct deposit fees) to a specific account (Payroll Expenses is the default.) This article explains how to assign the fees to a different account.

    Expected Outcome

    You will change the account to which payroll fees are posted.

    Assumptions

    You have more than one bank account set up in QuickBooks.

    Details

    You can change the account to which payroll fees are posted in the Send/Receive Payroll Data window:

    In QuickBooks, choose Employees > Send Payroll Data.

    Click the Preferences button to open the Payroll Service Accounts window and select the appropriate choice using the drop-down arrow.



    Note:

    • You can only choose one Payroll Service Fees Account to which fees are posted.
    • In the same window, you will be able to select the Bank Account where QuickBooks should post transactions returned by the payroll service (ex: Direct Deposit or Assisted).
    If the Preferences button is missing, update QuickBooks to the latest release.

    Click OK.

    Click Send and enter the PIN.

    This Preference button lets you select which:
    • Bank account your Assisted Payroll liability check is recorded in.
    • Expense account in the Chart of Accounts is used for your payroll service fees.
    • Class your payroll fees are assigned to.

    Comments can not be added at this time.

    Top Answers

    Resources

    Most Used Forms

    Find and download individual and federal forms required for your business.

    Payroll Tax Support

    Stay in compliance, ensure you're up to date on all necessary tax agency information from Federal to State agency

    ViewMyPaycheck

    Give employees 24/7 access to payroll information they need.