Income and Expense Report Year End
Posted: Tue Jan 14, 2025 10:59 am
Under the Employer Expense, the employee taxes that are taken out shows $0.00. Where can I fix this?
This suggests that you don't have the employer Social Security payroll item setup correctly. I would take a look at that payroll item, and see what account the funds were being moved from.
However, you said 'employee' are you sure about that? The employee income and Social Security taxes come out of the employee's pay, not paid by the employer. These withheld funds should be going to the Federal tax liability account.