Payroll Deductions
I have set up an employee with a staff loan and created a payroll deduction category for him. Why is the amount appearing in the "Pay liabilities" window when it should simply be reducing the amount loaned in the asset account I also created ? I have checked two other staff loans with the same type of asset account in the payroll deductions category and the deductions don't appear in the payroll liabilities window. They simply appear in the ledger as a deduction under the Account...
Yes, I chose the Asset account (the employee staff loan account) to link to in the deductions category. I did notice that in the instructions for setting up a staff loan, it says that the amount will appear in the Pay Liabilites window. However it can be eliminated without affecting the balances by choosing the asset account (ie the employee staff laon account) in the "pay from account" field in the "Pay liabilities" window. Unfortunately the asset account for this employee's staff loan does not appear in the "lists" menu. I am now trying to find a way to add it ...
