2 days ago
Deduction to Final Pay
A terminating employee has already been paid their final monthly salary at start of the month. They are now purchasing a company asset (phone) and want this to be deducted from their termination pay...
Hi BronJay2025,
I'm not entirely sure on the best way to record this as MYOB doesn't recommend specific steps for this process. I suggest reading through this link as it might help you figure out how to best record this. However, I highly recommend seeking advice from your accountant to determine the best way to proceed.
Regards,
Genreve
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