QB Issue Resolution:

if you are not going to treat the gift as employee income, then do not use a payroll expense account, it will muddy things in the event of an audit, buy the tickets and use gift expense

Resolution for Issue 'I am not sure if I need to post this in Employee and Payroll category or here. I will repost to the appropriate category if need be. We purchased two tickets for our two employees last summer to go see Garth Brooks. We had only two employees at that time so there was not any employee excluded. Each ticket was less than $100 and could not be used as cash like a gift card. Under the De Minimus Fringe Benefits – IRS page the expense we paid out would not be taxable to the employee because it is less than $100 each, but is it deductible for the business and what account would I use for it. I have it currently under Payroll Expense-Employee Gift, which I created. Is there a place in quickbooks that is already set up for this kind of expense? Also, the IRS made a reference to frequency so I will mention this is the only employee gift that was provided for 2019.' available: Yes (Solved).
Source: Intuit Community forum.

I am not sure if I need to post this in Employee and Payroll category or here. I will repost to the appropriate category if need be. We purchased two tickets for our two employees last summer to go see Garth Brooks. We had only two employees at that time so there was not any employee excluded. Each ticket was less than $100 and could not be used as cash like a gift card. Under the De Minimus Fringe Benefits – IRS page the expense we paid out would not be taxable to the employee because it is less than $100 each, but is it deductible for the business and what account would I use for it. I have it currently under Payroll Expense-Employee Gift, which I created. Is there a place in quickbooks that is already set up for this kind of expense? Also, the IRS made a reference to frequency so I will mention this is the only employee gift that was provided for 2019.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for De Minimus Employee Incentive
Quickbooks Repair Pro will resolve it efficiently and affordably. Guaranteed resolution of your issue, or you pay nothing!

Error Recovery for De Minimus Employee Incentive [Canada]
E-Tech is the #1 Quickbooks data migration and Conversion service provider.

Get 50% off Quickbooks Online

Click Here for 50% off!

Additional Support Options: