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Deduction for Employee Purchase in Payrolll
We have a coffee machine which we purchase coffee pods for, my director has the same machine at home and has asked if i can order extra when i place my order for the office and then deduct his portio...
Hi Jen65
A journal entry certainly is one way of moving an amount from one account to another. If you were using a deduction to reduce an expense account then yes a journal entry would be the way to go. As to how the journal entry should look, I recommend discussing it with your accountant. They will be able to advise you of how the journal entry should look and which accounts to use
