Can QuickBooks Payroll be set up to handle Paid Time Off (PTO), which combines Sick and Vacation into one account?
Yes, you can set up QuickBooks to handle a single Paid Time Off (PTO) account. If you give your employees Paid Time Off instead of sick or vacation time, use either Sick or Vacation time to keep track of how much PTO you offer your employees, and rename it on the payroll preferences so that when it prints on your paychecks and paystubs, it appears as Paid Time Off. Inside QuickBooks, however, it continues to appear as either Sick or Vacation, depending on which one you used.
