Expense Employer Payroll Tax

Starting with version 6.2.43 the program now has the ability to either put your payroll tax into a LIABILITY account or EXPENSE it when payroll is run. Placing this in a LIABILITY to track it has been the previous method and is the DEFAULT for the program. If you would like to change this you need to

1. Go to PROGRAM OPTIONS, click ACCOUNTING and place a check in the Expense Payroll Tax box.

2. Go to ACCOUNTING and open a Charge Account named  PAYROLL TAXES.
   (NOTE: the program will us this name so you MUST have a charge account with this name.)

The program will use the Payroll Taxes charge account to show the employer payroll taxes as being paid each time the payroll is run. At the end of each quarter or whenever you pay your payroll taxes you will then make a payment against this charge account to make the actual payment and clear the balance in this account.