Although the balance on the card statement was only 21, they paid 170 more. Line 8: FUTA tax before adjustments - Program multiplies line 7 by. According to a complaint the Consumer Financial Protection Bureau received, a consumer overpaid their balance on a BBVA credit card.Line 7: Total taxable FUTA wages - Program subtracts line 6 from line 3.Line 6: Subtotal - Program totals lines 4 and 5.To produce an invoice for the reimbursable expenses for a customer, select that customer’s name and click the Create Invoice button. This menu selection only appears if you correctly set the preference described earlier. The total excess for all employees is reported on this line. Click on the Customers->Invoice for Time & Expenses menu selection to display a list of all customers with unbilled reimbursable expenses.Line 5: Total of payments made to each employee in excess of $7000 - The program looks at each employee to determine whether the $7000 limitation has been met.Issued a credit memo larger than the accounts receivable balance. Collected a payment after writing off an accounts receivable. 4c: Retirement /Pension - Box 11, 12AA, 12BB, 12D, 12E, 12F, 12G, 12H, 12S, 12Y, 12Z Yes, accounts receivable can have a negative balance, and here are 5 reasons why you may occasionally see a negative balance.Line 4: Payments exempt from FUTA tax - The program totals all GP items on every employee's Wage/Withholding screen without a checkmark in the FUTA column + every WH item that does have a checkmark in the FUTA column.The tax calculation is made after Lines 4 and 5 are deducted from this amount.Per IRS Instructions for Form 940, all payments are to be included on this line whether wages or other payments.It ignores the FUTA column in the Employee setup screen.This line includes all amounts paid to employees on their paycheck.Line 3: Total payments made to all employees - Total wages paid to employees (without regard to the $7000 limitation).