Lora
3 years agoExperienced Cover User
employee purchase. clear the deducitons from Payroll Liabilities?
I have sucessfully set up payroll employee purchases but i don't know how to clear the Pay liabilites - Deductions. there are no instructions for this that i can find.
- 3 years ago
Hi Lora
Please take a backup of your file and follow the steps given below to clear the liabilities:
1) Go to Payroll>>Pay Liabilities>>Filter by "deduction" liability.
2) Change the Pay from account to a clearing/suspense account and record the liability.
3) Record a Receive money transaction (Banking>>Receive Money) with Deposit to account as clearing/suspense account and allocate to the same liability account.