QuickBooks Tips #103: List of Payroll Expenses & Liabilities

List of payroll expenses and liabilities
Payroll expenses
Employee’s gross pay
Employer payroll taxes:
- Social Security (FICA)
- Federal Unemployment Insurance (FUTA)
- Medicare
- State Unemployment Insurance (SUI)—if paid by employer
- State Disability (SDI)—if paid by employer
Payroll liabilities
Taxes you’ve withheld from paychecks for the following:
Social Security (FICA)
Federal Unemployment Insurance (FUTA)
Medicare
State Unemployment Insurance (SUI)
State Disability (SDI)
State income tax
Federal income tax