How to create employee advance in the chart of account

Good day, 9130351772526556.

I'm here to guide you in setting up the Cash Advance in QuickBooks.    

For a payroll cash advance, you can create a payroll deduction to pay back the advance. 

Here's how:

1. Go to the Gear icon, then select Payroll Settings.
2. Click Deductions/Contributions under Payroll.
3. Click Add a New Deduction/Contribution, then select Other deductions for the Category.
4. Select Cash Advance Repayment for the Type.
5. Enter a name in the Description field, then click OK.

You can also set up a Petty Cash account. Follow these steps below:

1. In the Settings menu, select Chart of Accounts, then select New.
2. From the Account Type drop-down, choose Cash and Cash equivalents, then from the Detail Type drop-down, choose Cash on hand.
3. Enter Petty Cash for the account name.
4. The opening balance will be created when you move money from the checking account by writing a check or transferring funds. If you already have money to use for petty cash, enter the amount in the Balance field and choose the as of date.
5. Select Save and Close.

For more info, refer to this article: Set up and use petty cash.

Get back here if you have additional concerns. I'll be here to help you more. Take Care!