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Can't clear out payroll liabilities

 
 
advancedjob@gmail.com
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      05-09-2008, 01:37 PM
After upgrading from Pro 2006 to Pro2008 - I have payroll liabilities
that being displayed as overdue from the 4th qtr of 2007. I know this
is not correct as I reconciled my liabilities accounts to the returns
that were filed before I upgraded to 2008. I have tried to use the
"adjust payroll liabilties" but it does not seem to work. I have even
made journal entries to try to correct this. When I use the "create
custom payroll liabilities payments" the amounts displayed there are
the correct ones. Any ideas how to get rid of these erroneous overdue
amounts? Thanks.
 
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Laura
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      05-09-2008, 01:45 PM
<(E-Mail Removed)> wrote in message
news:(E-Mail Removed)...
> After upgrading from Pro 2006 to Pro2008 - I have payroll liabilities
> that being displayed as overdue from the 4th qtr of 2007. I know this
> is not correct as I reconciled my liabilities accounts to the returns
> that were filed before I upgraded to 2008. I have tried to use the
> "adjust payroll liabilties" but it does not seem to work. I have even
> made journal entries to try to correct this. When I use the "create
> custom payroll liabilities payments" the amounts displayed there are
> the correct ones. Any ideas how to get rid of these erroneous overdue
> amounts? Thanks.


JE won't work thats for sure.

What happens when you use the payroll adjustment feature? I would also look
at the balance sheet detail for 12/07 through 1/31/08 (when due) to see what
is hitting those payroll accounts. I have one client who is showing payroll
liabilities from 4Q07 because the last paycheck of the year mysteriously
started FUTA and SUTA again. If there is true balance you should be able to
see which accounts/payroll item/employee needs adjusting.

 
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advancedjob@gmail.com
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      05-09-2008, 02:33 PM
On May 9, 9:45*am, "Laura" <(E-Mail Removed)> wrote:
> <(E-Mail Removed)> wrote in message
>
> news:(E-Mail Removed)...
>
> > After upgrading from Pro 2006 to Pro2008 - I have payroll liabilities
> > that being displayed as overdue from the 4th qtr of 2007. *I know this
> > is not correct as I reconciled my liabilities accounts to the returns
> > that were filed before I upgraded to 2008. *I have tried to use the
> > "adjust payroll liabilties" but it does not seem to work. *I have even
> > made journal entries to try to correct this. *When I use the "create
> > custom payroll liabilities payments" the amounts displayed there are
> > the correct ones. *Any ideas how to get rid of these erroneous overdue
> > amounts? *Thanks.

>
> JE won't work thats for sure.
>
> What happens when you use the payroll adjustment feature? I would also look
> at the balance sheet detail for 12/07 through 1/31/08 (when due) to see what
> is hitting those payroll accounts. I have one client who is showing payroll
> liabilities from 4Q07 because the last paycheck of the year mysteriously
> started FUTA and SUTA again. If there is true balance you should be able to
> see which accounts/payroll item/employee needs adjusting.


The balance sheet detail was helpful. I could determine where there
had been some jes posted to the medicare employer account and they
should have been posted to the ss employer account so I corrected
those. However, this did not change the payroll liabilities as
"overdue". My payroll liabilities as of 4/30/08 should be 0 as they
are in my QB ledger. When I make an adjustment in the "adjust payroll
liabilities" nothing happens. If I enter a .01 adjustment - this does
not change the overdue .01 - it is still displayed as .01. I have no
idea where some of the numbers are coming from - they are not in the
balance sheet detail either.
 
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Laura
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      05-09-2008, 04:23 PM
<(E-Mail Removed)> wrote in message
news:(E-Mail Removed)...
On May 9, 9:45 am, "Laura" <(E-Mail Removed)> wrote:
> <(E-Mail Removed)> wrote in message
>
> news:(E-Mail Removed)...
>
> > After upgrading from Pro 2006 to Pro2008 - I have payroll liabilities
> > that being displayed as overdue from the 4th qtr of 2007. I know this
> > is not correct as I reconciled my liabilities accounts to the returns
> > that were filed before I upgraded to 2008. I have tried to use the
> > "adjust payroll liabilties" but it does not seem to work. I have even
> > made journal entries to try to correct this. When I use the "create
> > custom payroll liabilities payments" the amounts displayed there are
> > the correct ones. Any ideas how to get rid of these erroneous overdue
> > amounts? Thanks.

>
> JE won't work thats for sure.
>
> What happens when you use the payroll adjustment feature? I would also
> look
> at the balance sheet detail for 12/07 through 1/31/08 (when due) to see
> what
> is hitting those payroll accounts. I have one client who is showing
> payroll
> liabilities from 4Q07 because the last paycheck of the year mysteriously
> started FUTA and SUTA again. If there is true balance you should be able
> to
> see which accounts/payroll item/employee needs adjusting.


The balance sheet detail was helpful. I could determine where there
had been some jes posted to the medicare employer account and they
should have been posted to the ss employer account so I corrected
those. However, this did not change the payroll liabilities as
"overdue". My payroll liabilities as of 4/30/08 should be 0 as they
are in my QB ledger. When I make an adjustment in the "adjust payroll
liabilities" nothing happens. If I enter a .01 adjustment - this does
not change the overdue .01 - it is still displayed as .01. I have no
idea where some of the numbers are coming from - they are not in the
balance sheet detail either.

******
Check the date of your adjustment. One of my clients has PR liabilities from
4Q07. If I date the adjustment in 2008 it does not do a thing. I had to date
the adjustment 12/31/07 for it to work. Also, experiment with the option to
"affect no accounts" vs "affect liability & expense accounts" since this is
a prior year.

 
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