How to track different payroll taxes separately?
If you’d like to track payroll taxes separately (for example, federal and state taxes, or employee and employer taxes), you can do so by creating dedicated debit and credit accounts in Zoho Books.
Learn how to create a new account in Zoho Books.
Once created, you can map these accounts to specific taxes in Zoho Payroll. Hereโs how:
- Log in to your Zoho Payroll account.
- Go to Settings and click Zoho Books under Integrations.
- Click Edit.
- Under Map Accounts in Zoho Books, click Tax.
- Associate each tax with the appropriate Debit and Credit accounts.
- Click Save.
These mappings will be reflected accurately in reports such as the Profit and Loss statement in Zoho Books.