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March 24, 2022
Question

Employee Loan Reimbursement

  • March 24, 2022
  • 1 reply
  • 0 views

Hello, 

 

We had a staff member who took multiple courses, but has since left the company. She is required to pay back the money at a pro-rated amount, which I have already calculated. 

 

How and where do I put that into quickbooks? She is no longer an employee, so I cannot run it through payroll. 

 

Any help is appreciated!

1 reply

March 24, 2022

Hi abe5,

 

Welcome to Community!  It's essential that you're able to record funds received from a previous employee accurately, to keep your books aligned.  QuickBooks Online provides options for this type of transaction.  However, I suggest reaching out to your accountant for the best course of action to record the amounts paid to ensure it hits the correct account and allows you to reconcile with confidence.  If you don't currently  have an accountant, we can help you find a ProAdvisor in your area by following this link.  

 

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