Payroll Advances
how do I pay advance once it is set up in the system
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d_0m0nYVar3QjyacfA8pyY
2 Replies
11/06/09 12:57pm PST
After creating the paycheck but before printing, open the check and add the advance item in the "other payroll items" (additions and deductions) section. Put in the dollar amount as a positive. This should have increased the check amount. Now re-save and print the check.
To collect the advance from payroll, do everything the same except enter the amount as a negative.
I hope this helps. Thank you.
qbteachmt
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11/08/09 1:59pm PST
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You don't have to pay an advance through payroll. You simply use Write Check. This is not a taxable issue, it's simply a loan.
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