CompuServe Thread

Entering Past Info

1 messages in this thread
#76934From: Fred AhlNov 2, 1994 5:46 PM
Edwin, >>>While entering my info in Quickpay I created a YTD Payroll Adjustment Account. I did this before I entered my A/P info. now I'm entering my A/P info and became confused with my pay role with holdings. I entered all past info and balanced it out. now when I enter my Payroll deposits from past transactions"real' info and enter a category/account won't this create an error in that particular category/ account. How do I enter previous payroll checks and reconcile.<<< Payroll withholdings are considered liabilities (listed on the chart of accounts under Payroll Liabilities). There is no need to enter them in A/P. The procedure to record the liability payments is covered on page 42 of the QuickPay 3 for Windows User's Manual. Hope this helps Fred Ahl Intuit Sysop