Payroll Item

QuickBooks Quik Tip – Accrued Vacation Pay Payroll Item

For anyone that is using QuickBooks Payroll, you will notice that certain Payroll Items are arbitrarily assigned to specific general ledger accounts.  Take for example CPP, IE, Federal Income Tax and even Accrued Vacation Pay. If you have more than a handful of employees, this can result in confusion on how much is actually owed in accrued vacation pay, at any given time. To make your life a...

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