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Date vs. Effective Date

QuickBooks enters today's date in the Date field. This is the date that you want to enter this liability adjustment.

The Effective Date is the date that you want this liability adjustment to affect your liability balance. QuickBooks uses this date to calculate amounts on your Forms 940 and 941 and the payroll liability balances report.

4/24/2017 11:40:10 PM
QYPPRDQBKSWS09 9138 Pro 2017 911319