![]() Payroll Liabilities: Employee Fed Income Tax (Credit) 1,159.03 Payroll Liabilities: Employee Medicare (Credit) 195.33 Payroll Liabilities: Employee Social Security (Credit) 835.20 Payroll Expenses: Gross Wages (Debit) 10,859.58 The Paychex processing admin fee isn't part of the employee liabilities but it's an employer expense. According to the article above, you will need to credit the payroll liabilities (employee taxes) and debit payroll expenses (employer taxes) when creating a Journal Entry. I assume that you are responsible of paying the payroll tax liabilities.
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