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payroll advance (Read 581 times)
workman
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payroll advance
03/30/06 at 09:40:37
Hi,
I'm still on old dBA payroll. Was wondering if a payroll advance should be handled thru accounts payable or payroll?
Joann,
R&B Machining
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JNAPIER
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Re: payroll advance
Reply #1 -
03/30/06 at 11:05:40
We use A/P as a loan and they pay it back. I don't like using payroll because of the extra tax deposit it creates, we are a 3 day depositer.
John
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EVO-ERP, ISTS 3.27.08 , 2000I 10 user
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Lenette
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Re: payroll advance
Reply #2 -
03/30/06 at 11:41:49
We issue advances via the AP module then use PR to recoup the said amount per paycheck. (of course this is an after tax deduction). Just don't transfer your payroll liability for that account in PR-H and you'll be good to go.
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Lenette Egan
McDantim Inc
Helena, Montana
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