MBG
3 months agoContributing Cover User
Employee loan with tools brought on bunnings accounts
We recently had an employee buy tools on our Bunnings account and he has requested that $150 be taken out of his wage every fortnigh to repay the loan.
Do I still use the wage advances process? (https://www.myob.com/au/support/myob-business/payroll/wages/wage-advances )
and if so how do I account for the bunnings receipt/invoice?
I have input the receipt/invoice category using the payroll advance wage account as stated in the above instructions (see below), if i continue to follow the instructions above I would have to do an unscheduled pay which would then have doubled the amount to the 13101 account.
Thanks in advance, i hope this makes sense.