Payroll - Tax Impound Draws by Intuit
under review
D
Dawn Scranton
Tax Impound Draws are combined as one (in tax impound ledger) - making the Tax Impound Account - Unreconcilable. If Draws were divided (split) in the ledger (by tax type) this account could be properly reconciled on a monthly/quarterly basis. For Example, One Bank Draw that includes: 941, Fed & State Unemployment, should be split as three lines. Each to be reconciled with the prospective payments to agencies
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The status was updated to
under review