If you have been using QuickBooks for a long time, then you must have faced multiple payroll issues in it. To understand all these problems better, we have prepared a blog for you after doing extensive research. In this blog, we have talked about all those issues and have also given you a list of reasons due to which these payroll mistakes in QuickBooks may occur. So read this blog till the end to know all the information that experts have provided you on the page.
Possible Origins of QBDT Payroll Issues
There are many reasons that can give you payroll issues in QuickBooks. Let’s explore those factors while reading this section:
- The main reason for such payroll mistakes is outdated tax tables that prevent accurate calculations.
- You won’t be able to update changes in any state or local tax rates until you update the tax tables or set up local tax rates correctly.
- Such issues mainly occur if the employees have filed W-4 forms with the wrong filing status.
- If the employee is set to be a contractor when he should be an employee.
- Human errors can be one reason behind them.
What can You do to Rectify Payroll Mistakes in QuickBooks
To eliminate the payroll issues from the QB program, follow the solutions given below:
For Wrong Employee Tax Calculations
- Keep the QB Payroll software updated with the current federal, state, and local tax rates.
- For this: Go to the Payroll Center.
- Choose Get Payroll Updates to get the most current tax tables.
- Make sure all employees are set up correctly for tax purposes.
In case Payroll is Not Syncing with the Accounting Software
Map payroll to the correct general ledger accounts.
- Go to the Edit menu.
- Choose Preferences.
- Click on the Payroll option.
- Make sure that the payroll items like Salaries, Taxes, and deductions are assigned the correct amount of expense.
For Wage and salary mistakes
- Ensure that for every employee, pay is correct.
- Overtime rules should be specified.
- Enter the bonuses and commissions correctly if applicable.
For Direct deposit failures
- Verify the bank routing numbers and employees' information.
- Ensure that the account has sufficient funds to run payroll.
Most Common Payroll Errors Codes in QBDT
There is a list of issues that you can encounter in terms of code. Some of them are listed below:
- Error 12000 series: It includes 12009, 12003, 12002, etc.
- Error 15000 series: It includes 15225, 15103, 12105, 15106, etc.
- Error series PSXXX: PS033, PS038, and PS032 are some common examples.
What You Should Remember
If we conclude this blog, then we can say that there are multiple payroll mistakes in QuickBooks that you can commit while performing accounting operations. And we have also prepared a list of all those mistakes and mentioned them in the upper section of the blog. Along with this, we have also provided solutions for them. If you don't want to take a risk by resolving it alone, consider consulting a professional by dialing our toll-free number +1(800) 780-3064.