how to record expenses in quickbooks desktop

Note: If you are creating more than one payroll item for tracking QSEHRA payments, continue to use this account for both the liability and expense accounts. Click Save & Close.Ĭlick the drop-down next to the Expense account box and select the account you just created. In the Add New Account window, choose Other Expense as the Account Type and enter a new Account Name (for example, 'Reportable Qual. This is a tracking and reporting item only, not a true liability item.Ĭlick the arrow next to the Liability account box, and select. Select Company Contribution and click Next.Įnter a unique name for this new payroll item, which will appear on employee pay vouchers, pay stubs, and on payroll reports (for example, 'Reportable Qual. Here is Quickbooks Desktop's Help Article about QSEHRA.īecause these payments aren't taxable, they don't appear on payroll tax or other tax reports.įrom the Employees menu, choose Manage Payroll Items > New Payroll Item. Instructions for Quickbooks Online can be found here.

Note: These instructions are for Quickbooks Desktop.

How to record expenses in quickbooks desktop