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Want an expert to help you set up your QuickBooks Online? Find out how: Click here

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MaryLandT
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Thank you for joining this thread, 317514.

 

I can help you manage your payroll in QuickBooks Online (QBO) for New Zealand.

 

For QBO International, entering journal entries are ways to record the accounting information for your payroll. Here's how:

 

  1. Click + New, then Journal entry.
  2. On the first line, select an account from the Account field. Depending on if you need to debit or credit the account, enter the amount in the correct column.
  3. On the next line, select the other account you're moving money to or from. Depending on if you entered a debit or credit on the first line, enter the same amount in the opposite column.
  4. Check the amounts - you should have the same amount in the Credit column on one line and the Debit column on the other. This means the accounts are in balance.
  5. Enter information in the memo section so you know why you made the journal entry.
  6. Click Save and new or Save and close.

 

To know what accounts to debit and credit, you can browse this article: Recording payroll transactions manually. It provides an example of what data you're going to enter when creating a journal entry.

 

Stay in touch with me if you have additional questions about managing payroll in QBO International. I'll be right here to guide you.