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Other questions
This is ridiculous. Several people are asking simply how to set up the account in the chart of accounts, NOT how to create a JE. I have the same question but these answers are just not helpful. My client has employees. She uses an outside payroll vendor. She also uses an outside 401k vendor. I need to know where to put the transactions when they come through the bank feed -- is it a liability account? Why do you keep telling us how to build a watch when we're just asking what time it is???