Are you unable to track your Payroll Liabilities due to QuickBooks Payroll Liabilities not Showing? If yes, then your search ends up here. Just read this blog till the end to avoid delays while making payments.
What are Payroll Liabilities?
In accounting, liabilities are amounts your company is obligated to pay. This amount organization pays on employee’s behalf an it contains all the taxes like withheld taxes, union dues, health insurance premiums, 401(k) contributions, child support, etc., which is deducted from the employee’s salary in advance. When handling payroll, there are two main types of payroll liabilities:
When you manage payroll, your company incurs typically the following types of payroll obligations as follows:
Employee Compensation: The gross wages payable to employees and independent contractors are known as payroll liabilities, which includes perquisites and remuneration as a payment for the job.
Withheld Amounts: Amounts withheld from worker pay as income taxes must be sent to the Internal Revenue Service (IRS) and other tax related departments. Amounts withheld and not yet sent are payroll liabilities. However, it is important to note that when an organization withholds a certain amount from the employee’s salary as a tax, it is not a payroll expense.
Payroll Expenses: Some payroll liabilities are not retained from the employee pay. For instance, when the Payroll is processed, submitting Social Security and Medicare taxes is a liability of the employers, which are kept in the payroll expenses.
However, despite having actual payroll liabilities, at times, payroll liabilities are missing or not showing from the Pay Scheduled Liabilities section under the Payroll tab of the employee center. As a result, it prevents you from tracking liabilities and making timely payments. Hence, it’s mandatory to make them appear as soon as possible.
A Comprehensive Guide to Fix QuickBooks Payroll Liabilities Not Showing Error According to Causes:
Error Cause
Solution
Inactive QuickBooks Payroll Liability Account
You need to ensure that your liability account is active.
Wrong Payroll Dates
It is required to check the date range before making payments.
Lost or Missing QuickBooks Payroll Liabilities
Locating and viewing the missing QB Payroll Liabilities is the only solution to avoid such payroll-associated errors.
Update your QuickBooks Payroll Tax Table to the most recent version.
Uncategorized QuickBooks Payroll List
Re-sort your QuickBooks list and make it organized.
Payroll Factor is Inaccurately Set Up to Another Liability Account
You must edit all the payroll items to properly set up payroll factors to another liability account.
How Many Types of Payroll Liabilities are There?
Payroll liabilities are based on the amounts you, as an employer, owe but haven’t yet paid. It consist various of components related to the remuneration of the employees, which includes (but is not an exhaustive list) taxes, salaries, and deductions, if any. Employees are also compelled to pay Federal Insurance Contribution Act (FICA) tax and other expenses through QB Payroll.
Employee Compensation
Payroll liabilities include gross wages payable to employees and independent contractors.
There are several ways to calculate Liability for a specific pay period:
Salary Employees: The portion of annual salary owned for the pay period, plus bonuses and other incentive compensation.
Hourly Workers: The Liability is a multiplication of the total worked hours and the hourly pay rate, including overtime hours. The workers who work on an hourly basis may also earn incentive compensation.
Freelancers Workers (Independent Contractors): Amounts owed based on an hourly rate agreement or a flat fee.
According to the Information provided by the workers on Form W-4, you must retain taxes on employee pay, as no taxes are deducted on compensation paid to independent contractors.
Payroll Taxes and Insurance
Taxes are retained from pay-to-fund income tax, Social Security, and Medicare tax liabilities.
Employers spend some amount for such taxes:
Federal Income Tax withholdings: The specific amount is deducted from the worker’s annual income and filing status (married, single, etc.).
FICA (Federal Insurance Contribution Act) taxes: The taxes assembled to fund Social Security and Medicare taxes. For tax year 2020, employers and workers both have to pay a 7.65% a FICA tax rate on the gross wages, and the taxes of the workers were deducted from gross pay. But if you are self-employed, you have to pay both the employer and worker amounts, which is 15.3%, and deduct one-half of the self-employment taxes on the personal and state income tax.
State income Taxes: Each state has different requirements for withholding and paying state income tax, and some don’t levy a state income tax.
FUTA (Federal Unemployment Tax Act) and SUTA (State Unemployment Tax Act): When the employee is not at fault, both acts were passed to provide temporary income for the workers who lose employment. Businesses pay unemployment insurance taxes with the help of a joint program between the federal government and the states, and only employers pay FUTA taxes.
Workers Compensation Insurance: All businesses may have to purchase workers’ compensation insurance based on state requirements. If a worker is injured on the job, the insurance policy will pay medical costs and lost wages due to injury. The employer generally pays workers’ compensation premiums, and the cost is decided by the number of employees and the organization where you work.
Wage Garnishments: A garnishment is a court-ordered requirement to retain employee pay and send the amounts to a third party.
Once your business starts growing, you may offer benefit plans to appreciate employees. Workers can select to voluntarily withhold payroll dollars to fund benefit plans.
why are my payroll liabilities not showing up in quickBooks desktop?
There can be multiple reasons why Payroll liabilities may not appear in QuickBooks, such as using an outdated version, incorrect payroll settings, or issues with your payroll subscription. In QuickBooks desktop, payroll tax dues will not show up in the Pay Liabilities section if:
They have already been paid – Once liabilities are settled, they no longer appear as due.
Payment frequencies are not set up – If the payment schedule isn’t configured for certain taxes, the system won’t track them in the Pay Liabilities section.
Your QuickBooks version is outdated.
Your payroll subscription is inactive or not updated.
Both conditions must be addressed to ensure accurate liability tracking.
To fix the payroll liabilities issue, follow the below steps:
Voluntary Employee Deductions: Payroll withholding funds Health insurance premiums, retirement plan contributions, and other benefit programs. The employer’s share of the costs is a kind of payroll expense.
Retirement plans: Workers’ contributions are deducted from their pay and are not employer expenses. The employer’s share of contributions is also a payroll expense.
Health, dental, vision, and life insurance premiums: Premiums generally paid by the employer are not retained from pay and are included as business expenses. The worker’s share of premiums, deducted from pay, is not a payroll expense.
Union Dues: Dues are deducted from pay and sent to the federal on behalf of the workers. If a worker repays a loan from the employer, the loan payments retained from pay are not either a payroll liability or a payroll expense. Rather than this, the payment increases the employer’s cash account and reduces a loan-receivable account.
Under the Payroll Centre or the Create Custom Liability Window, if the Liability does not appear, adhere to the following actions:
Firstly, select Lists > Payroll Item List to access the payroll item.
Now, click on the appropriate payroll item list.
Choose Payroll and then hit the Edit tab.
After this, press the Next button and make all the necessary changes to the payroll item name and the Liability/Expense Account related to the items.
Hit the Next button until you reach the Finish icon.
What Gives Rise to QuickBooks Payroll Liabilities Not Showing?
There may be a couple of reasons that promote QB Payroll Liabilities not showing errors; a few of them are as follows:
Inactive Liability Account: If Your liability account is not active.
Wrong Payroll Dates: The incorrect date range has been selected while making the payments.
Missing QuickBooks Liabilities: The QuickBooks Payroll Liabilities not Showing issue may occur due to lost or missing liabilities after upgrading QuickBooks software.
Outdated Payroll Tax table: If your QuickBooks account or payroll tax table is not updated to the most recent release, you will most likely get into this error.
Inconsistencies in QuickBooks Payroll list: You may have damaged the company file and need to re-sorted your QuickBooks Payroll list.
Payroll Factor Inappropriately Set to Another Liability Account: If the QB payroll is not properly set to another Liability Account, it may cause the “Payroll liabilities are not showing” problem.
Fixing QuickBooks Payroll Liabilities not Showing: Step-by-Step Guide
QuickBooks Payroll Liabilities not showing? To view the liabilities again in your QuickBooks software, adhere to the steps we listed according to your situation.
Let’s get started:
Case 1: When Your Liability Account is Not Active
In this case, you must ensure the Liability Account is active.
Here’s how:
In this case, you must ensure the Liability Account is active.
Here’s how:
Step 1: Access the Chart of Accounts
For this, hit the Lists menu option. Now, choose the Chart of Accounts from the drop-down menu.
Step 2: Check for Inactive Accounts
Must check that the inactive is selected from the list.
Step 3: Activate the Liability Account
Choose the Edit option if your liability account has a large X marked on its left side. After this, hit the Make Account Active tab..
Step 4: Complete the process
To finish, select the Chart of Accounts.
Note: If you fail to click the Inactive option, do not go further, as there are no inactive accounts. However, if you can select Inactive, then proceed ahead.
Case 2: When QuickBooks Payroll Liabilities Dates are Incorrect
You can prevent payroll liabilities from not being shown in the future if you choose the right date range while making payments.
Below are the steps to do the same:
Step 1: Open the Payroll Center:
To begin with, navigate to the Employees menu in the QuickBooks account and then choose the Payroll Center.
Step 2: Access Liability Transactions:
Now, hit the Transaction tab. You need to select the Liability checks.
Step 3: Set the Correct Date Range:
Choose Date and also, edit the range to This Calendar Year from the drop-down menu.
Step 4: Verify and Edit the Paid Through Date:
Thereafter, check the Paid Through Date. If editing is required, click on the line with the liability check twice to open it.
Case 3: When QuickBooks Payroll Liabilities are Missing or Lost
If your liabilities are missing, follow the steps below to review them.
Step 1: Access Payroll Taxes and Liabilities:
Head to the Employees menu and choose the Payroll taxes and liabilities option.
Step 2: Create Custom Liability Payments:
After this, click Create Custom Liabilities Payments. Select the liability period and then press OK.
Step 3: Review Liabilities:
A new window will open up and show the liabilities that you have to pay.
Step 4: Address Potential Data Damage:
In case of any data damage, you are recommended to run the Verify and Rebuild Data in the QuickBooks account.
Case 4: When your QuickBooks Payroll Tax Table is Not Updated
Updating your tax table to the latest release is important to troubleshoot QuickBooks Payroll Liabilities, not Showing issues.
Follow the steps to update the tax table in your QuickBooks:
Step 1: Initiate the Update Process
The initial step is to click on Update QuickBooks from the Help menu. Navigate to the Update Now icon.
Step 2: Download Updates:
After this, choose the Get Updates option. Hit File and then press Exit.
Step 3: Restart QuickBooks:
At last, restart your QuickBooks Desktop.
Case 5: When the QB Payroll List is Not Categorized
You are supposed to re-sort your QB Payroll list if it’s unorganized.
Let’s see how:
Step 1: Choose the Payroll List
Firstly, choose the list under the Lists menu you need to re-sort.
Step 2: Include Inactive Items
Now, tickmark the “Include Inactive” checkbox. If it’s greyed out, there are no inactive names.
Step 3: Re-Sort the List
Hover over the View menu and then select Re-sort Lists; now, click OK.
Step 4: Finalize the Changes
In the end, close and reopen your company file.
Case 6: When the Payroll Factor is Improperly Set to Another Liability Account
To rectify this, you need to edit the payroll items.
Below are the steps you need to implement for the same:
Step 1: Access the Payroll Item List:
Go to the List menu and then select the Payroll Item List option.
Step 2: Choose and Edit the Item:
Now, you must choose the item added and then right-click on it. Hit the Edit Payroll Item icon.
Step 3: Update the Liability Account
Press the Next button and change the account for the liability.
Step 4: Save Changes
Once done, click Next again and then Finish.
Case 7: When Payment Method for new employees is not displayed, the Payroll Liabilities in QuickBooks is not visible
Payroll liabilities like child care support and other perks are needed to be scheduled and mapped to your payroll accounts for every new employee and also the payment schedule is needed to be configured. Follow the steps to set the payment schedule for payroll liabilities:
Step 1: Access the Payroll center
Go to the Payroll Center
Step 2: Change payment method
Click on the Change Payment Method option under the Pay Liabilities tab.
Step 3: Navigate to Benefits and Other Payments
Go to Benefits and Other Payments, then Continue.
Step 4: Edit Child Support
Highlight the Child Support, then click Edit.
Step 5: Assign the Correct Payment Schedule
Assign the correct payment schedule.
Step 6: Finalize the Changes
Click Finish to save your changes.
Case 8: When the Payroll Liability Payment Frequency is Incorrect
In QuickBooks Desktop (QBDT), you need to correct the payment frequency to resolve this error. Follow the instructions below to set your payment frequency:
Step 1: Access the Payroll Center:
Go to Employees and select the Payroll Center.
Step 2: Manage Payment Methods
Click Manage Payment Methods.
Step 3: Select Payment Schedule
Tick the Schedule Payments box.
Step 4: Edit Payroll Liability
Select the payroll liability you wish to update, then click Edit.
Step 5: Set the Correct Payment Frequency
Choose the correct frequency in the Payment (Deposit) Frequency field.
Step 6: Save Changes
Click Finish to apply the changes.
Bottom Line!
We believe the QuickBooks Payroll liabilities not showing issue has rooted out once you perform the steps presented here. However, if you have any payroll-related query or are still answered, reaching out to our customer helpdesk will help you tackle this.
So, don’t think too much and just dial our toll-free number +1-802-778-9005 to simply understand the problem you are dealing with.
FAQs!
Q 1. What to Do if QuickBooks Payroll Liabilities are Not Showing Up?
Ans. While doing any payroll-related activity, if you get QuickBooks Payroll Liabilities not showing error, you are recommended to ensure your liability account is active and the date range when you make payments must be accurate. Also, try updating your Payroll tax table to the most recent release if it is outdated. However, if the issue persists, categorize and edit your QB Payroll items.
Q 2. Why Do QuickBooks Payroll Liabilities Not Show Up?
Ans. Several reasons prevent QuickBooks Payroll Liabilities from being shown up, including if:
Instead of the Current Liability Account, you have set up the liability.
The liability account is in inactive mode.
An Incorrect date range has been selected while making the payments.
Your QuickBooks account or payroll tax table is not updated to the latest release.
You may have damaged the company file and need to re-sort your QuickBooks list.
Also, if your QuickBooks Payroll Liabilities are missing or lost somewhere.
Q 3. Can I Manually Enter Payroll Liabilities in QuickBooks?
Ans. Yes, you can manually enter payroll liabilities in QuickBooks. Go to the “Employees” menu, select “Payroll Taxes and Liabilities,” and then choose “Create Custom Liability Payments.” From there, you can manually enter the liability amounts, payment dates, and accounts to ensure accurate tracking of payroll obligations.
Q 4. How to adjust payroll liabilities in QuickBooks?
To adjust incorrect payroll liabilities in QuickBooks, follow these steps:
Navigate to Payroll Liabilities: Go to Employees > Payroll Taxes and Liabilities.
Set Dates: Choose the last paycheck date of the affected month or quarter for both Date and Effective Date.
Choose Adjustment Type: Select Employee Adjustment and then pick the employee’s name. Do this even for company-paid items.
Adjust Payroll Item: Under Item Name, select the item to adjust. Enter the adjustment amount:
Positive if under-withheld.
Negative if over-withheld.
Update Wage Base: Enter any changes in the Income Subject to Tax column if needed.
Add Memo: Enter a note for reference in the Memo field.
Choose Accounts:
Select Do not affect accounts if you only want to update year-to-date amounts.
Select Affect liability and expense accounts if you want to adjust the balances in these accounts.
Finalize Adjustment: Click OK to close the window. Select Next Adjustment if you have more to enter, or OK to save.
This will correct your payroll liabilities accurately in QuickBooks.
Disclaimer: The information outlined above for “Fix QuickBooks Payroll Liabilities Not Showing in the Pay Taxes” is applicable to all supported versions, including QuickBooks Desktop Pro, Premier, Accountant, and Enterprise. It is designed to work with operating systems such as Windows 7, 10, and 11, as well as macOS.
