Thank you for visiting the QuickBooks Community, and I appreciate you taking the necessary steps in QuickBooks Online to achieve your goal. I'll be sharing information so that you can easily use or enter details experience modifiers in QBO.
Please know that directly using the Experience Modification that helps to create rates assigned by insurance companies to calculate your Workers' Compensation premiums is only available with QuickBooks Desktop.
However, you can use the Pay As You Go that is integrated into QuickBooks Online Payroll. It helps automate workers’ comp premiums so you never miss a deadline. With Pay As You Go, the particular premium cost of your workers’ comp policy is estimated based on your actual payroll data. That amount is then automatically withdrawn from your bank account and sent instantly to your insurance provider. Unlike traditional workers’ comp policies, there’s no large premium due up front and you avoid late fees.
Additionally, there’s a $5 monthly service fee for using the said third-party program in addition to your regular monthly payroll service fees. You can open this article to see further details: Understand workers’ compensation insurance.
Lastly, I'm adding this article so you can see several payroll reports you can use to view useful info about your business and employees in QBO: Run payroll reports.
Feel free to add a comment section below if you have other concerns with regard to managing Worker's Comp in QBO. I'll be sure to get back to you. Have a good one, LoMc.
