Is Employee Advance check supposed to show up on my P&L as expense? On P&L, the emp. gross pay is listed & so is advance check.
For example: An employee was paid an advance of $500 mid pay period (a written check), and when the employee received his paycheck at the end of the pay period, the advance was deducted.
Both the gross paycheck total & the advance check of $500 show up on the Profit & Loss, making it seem like employee was paid $500 more than he actually was.
Did I set this up incorrectly?