Depending on how payroll is being recorded in the accounting software there can be different steps for having this display in Float. Here we will go through a couple of the most common steps for showing payroll in Float.
1. If payroll is recorded by a cash transaction/payment only, this will import through to Float straight away in the same way as any other transaction. This will show against the liability account related to the payroll process.
2. If using QuickBooks built in payroll system a 'bank account' will be created in Float called 'Direct Deposit Payable'. This will contain all transactions relating to payroll and with this account included in the cash flow all payroll transactions will be included in the cash flow table.
3. Payroll recorded via journal entry will not show in Float initially, however enabling a company option will allow this. In the 'Company Settings' menu enable the option for importing journals, return to the cash flow and sync Float. The journal entries will be imported across and displayed in the cash flow with all subsequent journals importing automatically.
If you have any questions or notice anything that doesn't seem quite right don't hesitate to get in touch.