I just set up company payroll and have issued payroll cheques. I have set up QuickBooks to accrue vacation pay for all the employees. However, when I create a report showing how much has been accrued for each employee they all show up as having accrued $0 vacation pay. Can anyone help? Thanks
Accrued Vacation Pay
Mar 18, 2007
4 Replies
They're accruing "hours." When they cash em in they become "$."
Not if the financials are GAAP.
Then this question wouldn't be being asked in a SlowBooks group now would it?
Oh well, I thought I had one.
GAAP, we don need no stinkin GAAP!
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