Skip to main content
January 14, 2022
Question

clearing an unpaid employees advance

  • January 14, 2022
  • 1 reply
  • 0 views
An employee has an advance to pay back but will not be returning to work. How do I clear it from my books?

1 reply

January 14, 2022

I've got your back, @BernieElder.

 

You can create a journal entry to clear the unpaid advance of your employee. However, I recommend seeking help from your accountant to guide you on which accounts to use. Here's how to create a journal entry:

 

  1. Open your QuickBooks Desktop.
  2. Go to the Company menu, then select Make General Journal Entries.
  3. Fill out the fields to create your journal entry. Make sure your debits equal your credits when you’re done.
  4. Click Save & Close.

 

I'm adding this article for more guidance: Create a journal entry in QuickBooks Desktop for Windows.

 

You might also want to run payroll reports in QuickBooks Online. This will help you review useful information about your business and employees. 

 

Please know that I'm just a reply away if you need any further assistance managing employees. Wishing you all the best, @BernieElder.