A payroll liability is an amount withheld from an employee’s pay that must be paid to an appropriate authority or agency, for example, union fees and taxes.
In AccountEdge software, payroll liabilities are recorded when you process your payroll. You need to clear these amounts. You can do this by recording the payment in the Pay Liabilities window.
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In the Account field, type or select the account you are making the payment from.
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In the Supplier field, type or select the authority or agency to whom the withheld amount is being paid.
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Select the type of liability to be cleared from the Liability Type list.
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Click the select column () next to each payroll category you want to exclude.
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In the Dated From and the Dated To fields, enter the period in which the payroll liabilities were withheld.
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The payroll liabilities withheld during the specified period appear in the Payroll Category section.
The total of the selected payroll liabilities appears in the Total Payment fields.
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Click Record.
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