what catagory to put child support payment under in quickbooks

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The following information is of a generic nature. For more data regarding child support payments, including payment amounts and thresholds, seek advice from the Department of Human Services.

If child support payments need to be deducted from employee pays and forwarded to the Department of Human Services, use the following information to set up and procedure the payments.

1. Gear up up accounts and payroll categories

Set up accounts and payroll categories

Create a liability business relationship

You lot need to set upwardly a liability account into which employee child back up deductions volition exist added. This helps y'all keep rails of the amount that needs to be paid.

1. Go to the Accounts command middle and click Accounts List.
2. Click the Liability tab.
3. Click New. The Account Information window appears.
4. For the Account Blazon, select Other Liability.
5. Specify an Account Number that suits your accounts list.
6. Name the account Child Support Payments.
   
7. Click OK.

Create a child back up deduction category

Set up a kid back up deduction category so you tin deduct the advisable amounts from employee pays.

1. Go to the Payroll command heart and click Payroll Categories.
2. Click the Deductions tab and click New.
3. Name the deduction Child Support Payment.
4. Select the Child Support Payment liability account as the Linked Payable Account.
5. Select the ATO Reporting Category for this deduction. Typically this will be Non Reportable, but y'all can clarify this with your accounting advisor or the ATO. Learn more than about Assign ATO reporting categories for Single Touch Payroll reporting.
6. Select the applicable Calculation Footing:
   • If yous have a few employees who make fixed-amount child back up payments, but the corporeality is different for each employee, select User-Entered Corporeality per Pay Flow. Enter the amount to deduct on each employee's standard pay, or if the amount varies from pay to pay, y'all tin can manually enter the deduction each time you pay the employees.
   • If the child back up deduction is based on a percentage of wages, select Equals [x] percent of [Gross Wages]. If the percentage is different for each employee, you lot'll need to create dissever categories for each percentage rate. If the deduction shouldn't be calculated on certain wage categories, open up the wage category (Payroll Categories Listing window > Wages), click Exempt and select the Child Support Payments deduction.
   • If the kid support deduction is the same stock-still amount for all employees linked to this category, select Equals [ten] Dollars and enter the amount to deduct each pay catamenia, month, year or hour.
     In the example below, $100 volition be deducted each pay catamenia from all employees who are linked to this category.
     
7. Click Employee, select the employees to whom this deduction applies, and and so click OK.
8. If y'all need to withhold child support deductions before PAYG is calculated, click Exempt and select PAYG Withholding then click OK. If y'all're not sure if this applies in your state of affairs, cheque with your bookkeeping counselor, the Department of Human Services, or the ATO.
9. Click OK.

2. Procedure a pay with child support payments

Process a pay with child support payments

When you process the employee'due south pay, the child support deduction will automatically be deducted.

Notwithstanding, if you selected the User-Entered Corporeality per Pay Menstruum selection when setting upwardly the deduction category, and didn't enter the amount in the employee's standard pay, you'll demand to enter the corporeality to be deducted in the Amount cavalcade as a negative amount.

3. Pay the kid support payments

Pay the child back up payments

The child back up payments deducted from the employee'due south pay will need to be paid to the applicable party, usually the Department of Human Services. Who the payments go to and how frequently yous'll need to pay will depend on the employee's circumstances. If unsure, seek advice from the Department of Human Services.

Because we ready up a separate liability business relationship for the child support payments, information technology's easy to pay those amounts using the Pay Liabilities feature:

1. Become to the Payroll control heart and click Pay Liabilities.

2. In the Pay from Account field, select the bank account you're making the payment from, or select Electronic Payment if you lot're making the payment electronically.

   Bpay payments

   Outgoing Bpay payments tin can't be processed through AccountRight. Instead, choose the AccountRight account the payment is coming from (in the Pay from Account field), complete the Pay Liabilities transaction, and then manually procedure the payment through your net banking software.

3. In the Supplier field, select the carte for whoever the payments are going to, such as the Department of Human Services. If a menu doesn't exist, you'll demand to create one.
4. For the Liability Type, select Deductions.
5. For the Payroll Categories, select the kid support deduction category. All payments deducted are listed.
6. In the Dated From and Dated To fields, enter the period in which the child back up payments were withheld.
7. Select all the child support payments you want to include with this payment.
   
   The total appears in the Total Payment field.
8. Click Tape.

4. Study kid support payment details

Report child support payment details

To keep track of the child support payments you have withheld, and those that you take paid:

1. Go to the Reports menu and choose Index to Reports.
2. Click the Payroll tab.
3. In the Payroll Liabilities group, choose:
   • Payroll Liabilities By Category to meet the payroll liabilities that are paid or unpaid, or both.
   • Liabilities Payment Annals to run across the payroll liabilities yous've paid using the Pay Liabilities office (Payroll command heart).

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Source: https://help.myob.com/wiki/display/ar/Child+support+payments

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