Hi community members,
I have a quick question .
I am working at a business and the guy is running payroll in QBD , when he gets the bank statement he wants me to reconcile the bank ( which is just fine) , but latter on he also wants me to reconcile payroll doing certain Journal Entries ? (payroll expenses , payroll clearing etc
I am not sure how to , as I guess everything should flow directly from QBD payroll into the appropriate accounts , is that right ? What might he be refering to and what should i do please ?
How can i identify what a payroll item on a check is connected to what account ?
Your suggestions and replies are indeed appreciated as I am a beginner when it comes to payroll.
Thank you ,
Laura
