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by jcjenkins
Wed Oct 26, 2011 11:01 pm
Forum: Accounting
Topic: tax liability on balance sheet
Replies: 1
Views: 711

tax liability on balance sheet

we use an outside payroll vendor. do the balance sheet tax liability entries flow directly from the payroll module? since the outside vendor deducts the amount from our bank account, it is no longer a liability, it is paid. how do I offset the tax liability entries?