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June 30, 2022
Question

Employee advances

  • June 30, 2022
  • 1 reply
  • 0 views

I removed the paycheck that had the advance but qb still says employee has not repaid the advance

1 reply

June 30, 2022

Hi gordca,

 

Thanks for reaching out here.  Welcome!  QuickBooks is a powerful program that enables you to complete your tasks with confidence.  I'd be happy to point you in the right direction so you're able to get back to what you love!

 

Based on the information provided, you can consider a payroll deduction to be applied to upcoming payroll.  However, given the fact that you've removed the paycheque for the advance given to the employee, I suggest reaching out to your accountant for the best course of action.  Removing the item can potentially have a negative impact on other areas of your books.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

Please don't hesitate to reach back out with other questions.  We'd be glad to assist!