Paying Wages via Cash
Some employees are requesting there wages to be paid in cash. I have no experience on this and would like to have a better understanding of how MYOB handles such a cash setting. Are there any complications?
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Hi Rob0425
Thanks for your post. You would select Cash as the Payment method in the employee cards>>Payment details tab then record pays as normal. You would then need to withdraw the cash from your bank account, making sure you get the notes/coins required to make up each employee's net pay.
In Bank transactions, match the withdrawal bank feed transaction with the pay transactions.
Please let me know if you need further help.
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