Payroll JE reverse - Ask and Answer Questions https://aipb.org/community/bookkeeping-general/payroll-je-reverse/ American Institute of Professional Bookkeepers Discussion Board en-US Mon, 17 Aug 2026 17:14:43 +0000 wpForo 60 Payroll JE reverse https://aipb.org/community/bookkeeping-general/payroll-je-reverse/#post-3540 Fri, 08 Jul 2022 22:56:45 +0000 It's kinda complicated. I will try to explain it in the best way. My boss has two different companies and I manage two sets of QB account. However, the employees for both companies are under the company #1 payroll. Now, my boss want to see the cost of one employee under the company #2 no matter that company #1 will still pay it.

I need to do a JE to reverse the cost of the payroll/tax/deductions etc. of an employee since January. I have the numbers from ADP payroll report for all the deductions and payment to that employee, but I don't know how to do a JE to move all the cost  to a chart account that I have created as a long term liability for company #2. 

Then I have to go to company #2 and create the GE to post the info of that employee, no matter we are not paying it from there. 😣 

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