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September 17, 2025
Question

payroll liabilities

  • September 17, 2025
  • 1 reply
  • 5 views

I am new to quickbooks.  I paid employee retirement like an invoice (enter bill, paid bill).  I realize now I should have gone through the payroll liabilities.  How can I correct this?  The check has already been mailed. 

1 reply

JenoP
QuickBooks Team
September 17, 2025

I'll provide a series of steps to correct the record and pay it as a payroll liability, 63511.

 

We're also excited to have you on board, and we're here to support you as you begin your QuickBooks journey. To help you get started, set up the employee retirement as a payroll item.

 

Here's how:

 

  1. Go to the List menu and choose Payroll Item List.
  2. Press CTRL on your keyboard and choose EZ Setup.
  3. Select Retirement Benefits and click Next.
  4. Follow the succeeding prompts to help you create the item.

 

 

Second, create a liability adjustment to record the amount in payroll. Follow these steps on how to do it:

 

  1. Go to the Payroll Center and proceed to the Pay Liabilities tab.
  2. Click Adjust Payroll Liabilities.
  3. Enter the correct dates in the Date and Effective Date fields.
  4. Choose Employee in the Adjustment is for section, then choose the name of the employee.
  5. Proceed to the Taxes and Liabilities section, then choose the retirement plan in the Item Name column.
  6. Enter the amount of the retirement plan in the Amount column
  7. Click OK.

 

 

Since a check has already been sent, use the Historical tax payment feature to make QuickBooks recognize that a payment has already been made.

 

Follow the Enter historical tax payments outside the Payroll Setup window section of  this article and choose the Do not affect accounts option in Step 7Enter historical tax payments in Desktop payroll. This ensures that the payment is recorded as part of the payroll records without affecting your bank register.

 

Please don't hesitate to reply or post additional inquiries if you need anything else.