Hi @Stewart Engr,
You can create a journal entry so you can correct the balance of your checking account. I'm here to help you accomplish this.
To start with, the above troubleshooting steps shared by my colleague is to correctly record your taxes liability in QuickBooks.
Now, you'll have to contact first your payroll provider to confirm the amount you've overpaid to your employee.
Once done, you can create a Journal Entry to remove the overpaid amount in your checking account. Here's how:
- Go to Accountant.
- Select Make General Journal Entries.
- Enter the DATE and the ENTRY NO. of your journal entry.
- Choose your checking account and payroll account under ACCOUNT column.
- From the CREDIT column, enter the overpaid amount for your checking account.
- For the DEBIT column, enter the overpaid amount for your payroll account.
- Enter the name of your employee.
- Click Save & Close.
This way, you can correct the balance of your checking account and reconcile it from there.
In addition, here's an article you can read to learn more in creating a journal entry: Record a Journal Entry.
However, I'd still recommend contacting your accountant for further guidance in handling the amount you overpaid to your employee and also your reconciliation.
As always, you can visit our Help Articles page for QuickBooks Desktop if in case you need to learn some "How do I" steps.
It'll be always my pleasure to help if you have any other concern. I'm always around ready to help.
