Forum Discussion

MichelleC11's avatar
MichelleC11
Experienced User
3 years ago
Solved

Employee one off deductions

One of our employees purchased item through our company trade account. He wants to deduct the cost from his pay.   I have seen some forum adviced to create a Deduction linked with Payroll Liability...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    HI MichelleC11 

     

    Thanks for your post. This help article, Selling to your employees, has step-by-step instructions on setting up and recording an employee purchase. When it comes to the assigning the ATO reporting category, that's tax advice which we're not allowed to give. You will need to check that with the ATO or your accountant to make sure you meet ATO reporting obligations.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

HI MichelleC11 

 

Thanks for your post. This help article, Selling to your employees, has step-by-step instructions on setting up and recording an employee purchase. When it comes to the assigning the ATO reporting category, that's tax advice which we're not allowed to give. You will need to check that with the ATO or your accountant to make sure you meet ATO reporting obligations.

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.