How do I account for child support payments that need to be deducted from an employees pay and forwarded to the Department of Human Services?
If child support payments need to be deducted from an employees pay and forwarded to the Department of Human Services, please follow these steps:
Step 1 - Create a liability account
Step 3 - Create an expense account
Step 5 - Create a new deduction category
Step 6 - Set up Child Support Payment as a standard pay deduction for the specific employee, so you can deduct the appropriate amount from the employees pay each pay period
Now, when you process the employee's pay, the Child Support deduction will automatically be deducted.
Step 9 - To keep track of the Child Support payments you have withheld and paid