Hi,
I have a question to QuickBooks proos. I have 2002 basis version, not sure if it would be much different now. When I close my company fiscal year, I want to have in accounts payable bonus that I will pay during next companies fiscal year. So at the end of
2004 I had 5000$ in accounts payable that was marked as emloyee bonus. As per rules, I believe I have 180 days to pay this bonus to employee. Now when bonus is paid, I usually pay lets say 4000$ to employee and 1000$ to source deduction. Actually it is 1000$ + CPP on emplyers portion, but I believe I can ignore employers CPP for that accounts payable. How do I tell account payable that some money went to employee and some to source deduction? When I choose to pay bill from accounts payable I just can choose account that will be used to deduct money for bill and vendor. Somehow I want to be able at the end of the year to calculate how much in total I paid for source deduction. How these things are done.Thank you very much for help