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Post Info TOPIC: Wage Advance Help
Mrs A


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Wage Advance Help
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Hello,

This is probably a very silly question - but I can't seem to figure this out on my own. 

What should the journal be for a wage advance?

I usually post the advance to Net Pay as a bank payment - but I don't know what jouranl to post once the advance has been paid back by the employee (deducted from wages on next payroll). Why does the nominal link journal for payroll not clear it out?

 

I'm stuck and desperate for help!!

 



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George Caridgan


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Giving an advance is against payroll RTI regulations isnt it?



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