corresponding expense: what is the best way to set up IRA contributions from owners and the company match when not using the payroll feature
You could start with adding a liability acct for the IRA and the match for the company, which would be the corresponding expense acct.
Then flow the transactions thru these accts.
Lots of good info/links in this article for you: https://community.intuit.com/articles/1437364-set-up-a-payroll-item-for-retirement-benefits-401k-sim…
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The corresponding expense 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 corresponding expense issue yourself by looking for a resolution described in the article. If it is a complex corresponding expense issue or you are unable to solve the issue, you may contact us by clicking here or by using other corresponding expense support options.
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