Important: If you are just starting to use the Workers Compensation
feature in QuickBooks, use the Workers
Compensation Setup Wizard to set up your
Go to the Employees menu, choose Workers Compensation, and then click Workers
Click the Experience Modification button and choose Edit.
Enter the new rate in the New Experience Modification Factor field.
Enter the date you want QuickBooks to start using the new rate in the Start
using rate on field.
This date should come before the first payroll whose wages will
be applied to the new rate. If the date is after that payroll, QuickBooks Workers Comp reports will automatically update the numbers. However, it won't update individual paycheck data and you may need to make manual payroll liability adjustments.
What if my Workers Compensation reports don't match the corresponding liability amounts?
Setting up Workers Compensation
Workers Compensation overview