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actual payment: My system correctly accrues VAT into a Current Liabilities Account Called VAT Payable. How do I now correctly handle the actual payment of VAT to SARS.

When you make the payment, use that same liability account as the expense (reason) for the payment. That will lower the liability by the amount paid

Resolution for 'actual payment issue: 'My system correctly accrues VAT into a Current Liabilities Account Called VAT Payable. How do I now correctly handle the actual payment of VAT to SARS.' available: Yes.

The actual payment 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 actual payment issue yourself by looking for a resolution described in the article. If it is a complex actual payment issue or you are unable to solve the issue, you may contact us by clicking here or by using other actual payment support options.

For more information about resolving issues related to actual payment in Quickbooks/QBO or to get support for the issue 'My system correctly accrues VAT into a Current Liabilities Account Called VAT Payable. How do I now correctly handle the actual payment of VAT to SARS.', click the link below:

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actual payment: I transfer money to another account to be used to pay taxes, can that be categorized as “estimated taxes”? or does it have to be an actual payment to use that category?

The actual payment is the tax not what you transfer to you other account.

Resolution for 'actual payment issue: 'I transfer money to another account to be used to pay taxes, can that be categorized as “estimated taxes”? or does it have to be an actual payment to use that category?' available: Yes.

The actual payment 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 actual payment issue yourself by looking for a resolution described in the article. If it is a complex actual payment issue or you are unable to solve the issue, you may contact us by clicking here or by using other actual payment support options.

For more information about resolving issues related to actual payment in Quickbooks/QBO or to get support for the issue 'I transfer money to another account to be used to pay taxes, can that be categorized as “estimated taxes”? or does it have to be an actual payment to use that category?', click the link below:

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actual payment: Paid payroll liability with an expense adjustment included and only the expense adjustment is showing on the P&L

“When I paid the liability I put this 2% adjustment in the payment on the expense side as a negative amount and recalculated so that the check would reflect the actual payment.”

Yes, that is Exactly how you do this. But you would see this as a negative, because that is […]

Resolution for 'actual payment issue: 'Paid payroll liability with an expense adjustment included and only the expense adjustment is showing on the P&L' available: Yes.

The actual payment 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 actual payment issue yourself by looking for a resolution described in the article. If it is a complex actual payment issue or you are unable to solve the issue, you may contact us by clicking here or by using other actual payment support options.

For more information about resolving issues related to actual payment in Quickbooks/QBO or to get support for the issue 'Paid payroll liability with an expense adjustment included and only the expense adjustment is showing on the P&L', click the link below:

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actual payment: How do I enter the payment made to a partner to buy them out and how do I clear their Capital Contribution account?

You are mixing and matching terms

capital accounts are used in a c- or s-corp only – are you taxed as a corporation?
If so the actual payment is a personal event and does not get posted, but the shares of the buy out partner decrease and are transferred to the buying […]

Resolution for 'actual payment issue: 'How do I enter the payment made to a partner to buy them out and how do I clear their Capital Contribution account?' available: Yes.

The actual payment 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 actual payment issue yourself by looking for a resolution described in the article. If it is a complex actual payment issue or you are unable to solve the issue, you may contact us by clicking here or by using other actual payment support options.

For more information about resolving issues related to actual payment in Quickbooks/QBO or to get support for the issue 'How do I enter the payment made to a partner to buy them out and how do I clear their Capital Contribution account?', click the link below:

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