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Old 03-04-2017, 11:38 AM
grandaddy42 grandaddy42 is offline
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Join Date: Mar 2014
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Reconciling Payroll Liabilites incurred in Q4 of 2016 in Q1 2017

I use QB Pro 2015 on an accrual basis and I pay myself the same amount every quarter and my payroll taxes and liabilities are the same for each paycheck. If I pay myself in Nov for Q4, my employer tax liabilities are processed in December before the end of the year and I can reconcile my December bank statement. If I wait and pay my Q4 payroll in Dec, the tax payments arenít deducted from my bank account until Jan 2017, and when I go to reconcile my December 2016 bank statement, the reconciliation report shows a discrepancy equal to the amount of the Q4 tax liabilities and I donít know how to get the bank statement to reconcile.
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