Can I add payroll tax (PIT) in quickbooks online (Vietnam)? And how can I do that?

Answer

Hello there, thubui183,

The International version of QuickBooks Online doesn't have a built-in payroll. However, you can create a journal entry to manually record your payroll transactions as a workaround.

Just a heads up, before you perform the suggested steps, I'd recommend consulting with your accountant to help and guide how to record these transactions and can provide more expert advice in dealing with this concern.

Here are the steps:

  1. Go to the Plus icon, then select Journal Entry.
  2. Select the paycheque(s) date under Date.
  3. Input the Journal no.
  4. Debit the expense account used to track gross wages and employer contribution.
  5. Credit Bank account payroll is deducted from. 
  6. Click Make Recurring.
  7. Enter the Template Name and set Type to Unscheduled.
  8. Click Save Template.
  9. Select Save.

Once done, create a cheque to pay the liability (account used in the journal entry). This way, you can either zero out or lower the liability to the current amount. 

Here's an article that provides the detailed steps on recording your payroll transactions: Recording Payroll Transactions Manually.

If you wish to reconcile your accounts, kindly refer to this article to guide you through the steps:  How to Reconcile Accounts.

Please let me know if you have other concerns about managing your QuickBooks account. I'm always here to help.

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IntuitRea , Community Support Specialist
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