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July 25, 2022
Question

Alberta wcb reimbursements

  • July 25, 2022
  • 1 reply
  • 0 views

wages that have been paid to an injured employee have been reimbursed by WCB how can this be recorded

1 reply

July 25, 2022

Hi there briner,

 

It's vital that all your transactions be entered correctly so your books can be accurate. QuickBooks Desktop Payroll is a great tool able to help you pay your employees for their hours worked. I can point you in the right direction for assistance with this reimbursement.

 

In order to enter this transaction into your books, you may need to enter it as a General Journal Entry or a similar transaction type. In order to know which transaction type is best as well as which accounts to affect so your books can be well balanced, I recommend speaking with an accountant. Their knowledge of how to manage books will be able to guide you in choosing the correct info to represent this transaction. If you'd like to find an accountant near you that has experience using QuickBooks, you can check out our Find an Accountant.

 

If you have any other questions, feel free to reach out here.