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Direct Deposit Liabilities

US QuickBooks Pro for Windows

I use Direct Deposit and have a payroll item deduction of 1.05 on each check. I realize this is being taken from my checking account by QB but I still have a balance remaining in the Pay Liabilities tab. What do I do with this?

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The solution

The Direct Deposit Liabilities account should always have a balance of zero. When the balance is either negative or positive stems, it from missing paychecks, missing liabilities checks,duplicate paychecks or duplicate liability checks.

For more information on correcting this overage, please follow the link below.

Direct Deposit Liabilities

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The postings on this site are my own and don't necessarily represent the views or opinions of Intuit.
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