Let's say employee X normally gets a gross pay of $1,000.00 less associated tax withholdings, netting to a paycheck of $800.00.
Now suppose that earlier in the pay period, he asked for and was given an advance of $300.00
How would I most conveniently handle the advance and then the reduced paycheck?
Post the original advance to an OCA account called Employee Loans. Create a payroll deduction item for loan repayment to deduct from net and assign the OCA account to it.
You need to set up a Payroll Item called Advances. You use the Payroll module to write a cheque to the employee using the Advance Item. When you prepare payroll you deduct the Advance. See your Help files for more information on Employee Advances.
Cat
I'm not sure why you're replying to me with similar advice. As for writing the check to the employee through the payroll module it doesn't apply here because the employee has already received the money.
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