Deduction Payroll Category - Loan to employee
Hello, We have purchased a Gearwrench to the value of 1700 Ex GST for an employee, this will be deducted from his fortnightly pay. I am in the process of setting up a new payroll category for th...
Forum Discussion
Hi Valy
For specifics on which ATO reporting category to assign and the appropriate account name for the tool purchase transaction, it's best to consult with your accountant or financial advisor. They'll have the expertise to guide you based on your company's specific financial setup and reporting requirements. You can also check this link for more information.
Best regards,
Doreen
Hi Doreen,
Thanks for the reply, I will consult with the accountant.
Kind regards
Val
