Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
BLACK FRIDAY SALE 70% OFF QuickBooks for 3 months* Ends 11/30
Buy nowIt's a pleasure to have you here, @AZ13. I can share with you some insights about transferring the estimated taxes to an expense account.
To do this, we can create a journal entry. This helps you move money between accounts and force your books to balance in specific ways. That being said, I suggest consulting an accountant and follow their advice to ensure that your book is accurate.
To create a journal entry, here's how:
For additional reference, feel free to view this article: Create a journal entry in QuickBooks Online.
In case you'll want to pay the taxes electronically in the future, you'll have the option to pay directly to eftps.gov or within QuickBooks. For detailed steps, see the Make payments online section through this article: Estimated Taxes.
Keep me posted if you need more help with estimated taxes in QuickBooks. I'll be around to help you. Have a nice day.