Employee loan deduction
How can I deduct a loan from an employee's payroll monthly instead of weekly?
How can I deduct a loan from an employee's payroll monthly instead of weekly?
Thank you for dropping by, Adyn.
I'd be delighted to help you with deducting an employee loan every month in QuickBooks Desktop.
In order to deduct an employee's loan every month, you can set up other payroll items through their profile and manually enter the amount when it's time to take out the loan payment.
Here's how:
You'll see some screenshots outlining the steps above.
If you'd like to go through this over the phone, you can call our dedicated team who will be happy to assist you. Our contact details can be found here along with our opening hours:
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