- posted 14 years ago
I need a little help. I noticed that in the past the company that I am currently working for has never broke down payroll that is being processed through a third-party company. My question is: I went through the Chart of Accounts and the closest account that I see that would relate to Fed/State Unemployment tax, Workman's Compensation, FICA & Medicare Taxes is an account called Payroll Liabilities. Would I place all of the above expenses in that one account? Doesn't make sense. What should I do?