Skip to main content
R
ROS2
March 27, 2020
Question

I accidently took a payroll advance from employee, now i need to refund it back. How do i post that? So it reflects on T4 at the end of the year.

  • March 27, 2020
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

J
JamesM
March 27, 2020

Hi there,

 

Mistakes like these are common, but don't worry, I'll be happy to steer you in the right path. Making sure you're recording your transactions the right way is a good exercise for preventing errors in your books. 

 

I recommend contacting an accounting professional to get more info on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. Let me know if you have other questions. I'm here to help.

 

C
Crystal05
March 27, 2020

James,

 

I have an accountant however they are not using quick books online they only use desk top quickbooks. So they are of no help here. I just needed some quick help here on how to get the money back to my employee.

J
JamesM
March 27, 2020

I see what you're saying. You could reimburse your employee the outstanding amount. Here's a helpful article which shows you how to reimburse using QB Online: Reimburse an employee. Feel free to ask questions. 

Terms & ConditionsAccessibility statement