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[Music] i want to talk about managing retirement plan deductions in quickbooks today what prompted this you may have a retirement plan of your own but california is requiring it for employers with more than 50 employees this year and next year in 2022 that will drop to five employees so more people are going to be interested in how do we set that up in quickbooks this isnt a video about the california plan and requirements you can find those on the edd website but this is all youre going to need to know about how to once your plan is in place how are you going to accomplish that in quickbooks how are you going to deduct that on those employee paychecks so im going to go to the payroll item list i can get that from the list drop down menu i can also get it from the employees drop down menu either way so payroll item list and then from the payroll button down here im going to select new because i want a new payroll item im going to choose custom setup because it gives me more contro