Depending on how payroll is recorded in your accounting software, the steps to display it in Float may vary. Below are the most common scenarios for showing payroll in Float:
1. Payroll recorded as a cash transaction or payment
If payroll is entered as a cash transaction only, it will sync to Float automatically, just like any other transaction. It will appear against the liability account related to the payroll process.
2. QuickBooks built-in payroll
If you use QuickBooks’ built-in payroll system, a bank account called “Direct Deposit Payable” will be created in Float. This account contains all payroll-related transactions. As long as this account is included in your cash flow, payroll transactions will appear in the cash flow table.
3. Payroll recorded via journal entry
Payroll recorded via journal entry will not show in Float initially. To import these, enable the manual journal import option in the Company Settings menu. Then return to your cash flow and sync Float. The journal entries will be imported and displayed in the cash flow, and any future journal entries will sync automatically.