Invoice paid on behalf of employee.

Jennine
Jennine Member Posts: 2 Novice Member Novice Member
in Reckon One

I have paid an invoice on behalf of an employee. I will be deducting money each week from his pay to repay the amount how do I reconrd this? Thanks

Best Answer

  • Kris_Williams
    Kris_Williams Member Posts: 3,628 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    Answer ✓

    I would post the payment to an asset loan account, no tax code, and offset the deduction every week against this account

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