You’ve come to the right place, @JCABELL.
I’d be glad to walk you through the steps in setting a payroll item for your Employee’s Paid Sick Leave (EPSL).
Before we proceed, I’d recommend working with your accountant for guidance. This way, we can ensure the accounts used in setting up this item is correct. If you’re not affiliated with one, you can visit our ProAdvisor page and we’ll help you find one from there.
Nonetheless, here’s how to create a payroll item for your EPSL. First, you’ll have to create an expense account for the paid leave:
- Go to the Lists menu in your QuickBooks Desktop (QBDT) toolbar then select Chart of Accounts.
- Select the Account drop-down, then select New.
- Choose Expense, then select Continue.
- From the Account Type drop-down, select Other Expense.
- Give your expense account a name.
- Enter the needed details and select Save and Close.
Then set up a payroll item for the leave. You can refer to this article for the complete process: How to track paid leave and sick time for the coronavirus.
Once you’re done, you can now add the item to your employee’s paycheck and process their payroll seamlessly. To be guided, check out these links:
You can always get back to me if you need further assistance setting up your payroll item. Just leave a reply with the details and I get back to you as soon as possible. Keep safe!
