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Payroll dedictions

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Ginny
3 Posts
Cover User
Australia
Ginny
Cover User

3Posts

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Payroll dedictions

Hello,

I have an employee who borrowed from me personally $100 and want to pay me back over two pays at $50 per pay. 

Can you advise how I do this? 

virginia

2 REPLIES
Ultimate Partner GDay53
1,238 Posts
Ultimate Partner
Australia
GDay53
Ultimate Partner

1238Posts

1386Kudos

279Solutions

Re: Payroll dedictions

@Ginny

 

If this is a purely personal loan to the employee from you - then it should not appear anywhere in you business accounts.

If it was a loan from the business then you should set up a loan account and then the deduction linked to the loan account for the repayments.

Check out the support notes:

http://help.myob.com/wiki/display/ar/Loans+and+repayments?intcid=support:help:employee+loan&_ga=2.11...

http://help.myob.com/wiki/display/ar/Selling+to+your+employees?intcid=support:help:deductions&_ga=2....

Graeme Day
Registered BAS Agent #24745540
First Class Accounts Clayfield
Mobile: 0402 841 627
gday@firstclassaccounts.com
MYOB Certified Consultant
MYOB Diamond Partner
MYOB Moderator JakeN
922 Posts
MYOB Moderator
Australia
JakeN
MYOB Moderator

922Posts

139Kudos

110Solutions

Re: Payroll dedictions

Hi @Ginny,

I would recommend setting up a deduction that you can use for the next two periods. Then once it has been paid you just unlink the deduction form that employees card.

 

To help with setting up a deduction please have a look at this support article, Deductions (click here to open in a new tab).

Cheers, JakeN

Social Support Representative

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