Payroll Deduction for Lotto
The majority of our staff have dedided to start a lotto syndicate and have all chipped in cash for their participation in this. One employee has then volunteered to go and purchase the ticket with c...
Forum Discussion
Thanks for your response, Sean.
I know how to set up the deduction but I just wanted to check if I can then use the credit from the deduction and pay it to a 2nd employee with their pay?
Hi AEH2
Thanks for clarifying that. What other users have done based on their experiences is to create a Spend Money Transaction with N-T, allocating to the liability account and pay manually without claiming GST. You can use the credit from the deduction to pay off the employee by doing this. Although, this is something I would recommend an accountant should confirm. It's best to seek advice on how you will process it. If you already confirmed the proper process, you can let me know so I can give you the best possible way to do what they advised within the software.
