Employees and payroll
Welcome to QuickBooks Community, @davey4. I'm here to help you correct this uploaded transaction from your Patriot software payroll.
First, you'll need to exclude the transaction from your bank transactions to avoid duplicate entries. Then, we'll import the corrected single transaction into your QBO. Here's how:
- Open the IIF file form Patriot Software payroll using Excel.
- Look for the incorrect transaction entered as deposit instead of debit.
- Reverse the amount value if you're seeing one column amount. If you see two column amount, transfer the amount to the other column.
- Export it as CSV or IIF.
- Open your QuickBooks Online.
- Head to the Gear icon and select Import Data.
- Choose Bank Data.
- Upload the file you recently exported.
- Complete the setup and verify the transactions to be imported.
- Select the only corrected transactions and click Continue.
By carefully reviewing the IIF file and making the necessary adjustments, you'll be able to correct the IRA Company Match entries in QuickBooks and ensure accurate financial reporting.
Afterwards, you can now start reconciling your account to match it directly with your bank statement.
If you have other concerns besides correcting an amount, feel free to reply below. I'd be glad to assist you anytime.
