QuickBooks software offers users with an opportunity to complete their accounting and bookkeeping tasks along with payroll activities in minimal time and with least amount of efforts from their side. Moreover, there are certain reports which are available to the user in template form. One of the required reports is Payroll Liabilities Report which is used by many business owners to verify the overall liabilities of the business at the end of the year.
This report basically showcases details regarding the payroll section of the business including payroll items under liability account, company contributions along with Payroll Deductions. For this report to be successful, user needs to be subscribed with an active QuickBooks Payroll version.
The payroll Liabilities report takes out amount for certain Payroll items through transactions detailed below:
Important point to keep in mind is that the filter of date range should be decided upon judiciously. In order to generate the Payroll Liabilities report, follow the steps below:
The above steps and details help to generate Payroll Liabilities Report with as few hassles as possible. However, if faced with any issues, user can call the QuickBooks Payroll Support team setup by Intuit who are proficient in tackling all sorts of QuickBooks Payroll Liabilities Errors & Issues. They are extensively knowledgeable and intensively trained to interpret and resolve all payroll issues faced with QuickBooks. In case the connection with QuickBooks support team is unable to get established, alternative support agency can be called by the user through live chat QBPayrollHelp or call the toll free number – Phone: 1844 827 3817 .