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VE1's avatar
VE1
Contributing User
6 months ago

Employee deduction for non work related amount

Hi,

 

I need to deduct an amount from an employee for a non work related amount/expense.  (Personal) 

I set the ATO to not reportable and which linked account?  Do I create an account called Personal???

 

Cheers  V

1 Reply

  • Shella_A's avatar
    Shella_A
    MYOB Moderator

    Hi VE1

     

    Thank you for your post.

     

    Regarding this, one option is you could create a payroll category for the deduction. We have an article that explains how to do this when an employee has non-work deductions. This help article, deductions will give you the detailed information and steps to assist you with this. Please note that if the deduction was to a third party you might want to double-check that the process is the same in your situation with the ATO or an accounting advisor for your specific situation.

     

    If you need further help, don't hesitate to start a new post and we'll be happy to assist.

     

    Otherwise, if my response has answered your enquiry, please click "Accept as Solution" to assist other users find this information.

     

     

    Cheers,
    Shella