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January 31, 2024
Question

I have over paid an employee during the last pay cycle. I want to deduct that amount from this week's pay cycle.How do I record the overpayment and how do I link it?

  • January 31, 2024
  • 1 reply
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Need to link the overpaid balance to reduce this week's pay out

1 reply

January 31, 2024

Hello ndesilva-greenin,

 

Thanks for connecting with us here. QuickBooks provides the tools and the resources you need in order to manage your payroll with ease. I'll be happy to share more details about handling employee overpayments. 

 

Since there's an overpayment, it can be recorded by creating a deduction on the employee's next paycheque. Here's a helpful guide that provides on how to: Set up and assign employee deductions and company contributions. I also recommend consulting with your employee about the best methods to handle the overpayment so your books remain accurate.

 

In the meantime, feel free to ask other questions. I'm here to help steer you in the right direction.