Processing Advance Meal Allowance

[Northern2020]

Hi,

I would like to seek assistance regarding processing payroll. The employer is paying meal allowance but they are paying it in advance. So when I process the payroll I will include meal allowance and at the same time deductions  same as meal allowance advance payment.

But the problem is when I reconcile the bank, I am not sure where to allocate the bank transfer made as the advance payment for meal allowance?

[Tracey_H]

Hi @Northern2020 

Thanks for your post. As we're not accountants we're not permitted to advise which accounts to post transactions to. I would recommend speaking to your accountant about where to allocate those advance payments to ensure they are reported correctly. 

Please don't hesitate to post again if you need help in the future.

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