Employee Deduction - Overpayment
Hi everyone, Needing assistance regarding overpayment from an employee to the business. We purchased a power tool kit for an employee and he was paying $100 a week with a deduction set up in pay...
Forum Discussion
Hi SHELBY1,
To handle the exceeded deductions for the power tools, you can create a separate wage pay item that does not accumulate superannuation to account for it. Alternatively, you can create a spend money transaction, match it to pay the employee, and then match it with the bank feed. Also, I recommend seeking advice from an accountant on taxing this.
Let us know if you need any other help.
Thanks,
Genreve
