Employee AdvancesJul 26, 2021
We strongly discourage employee advances. If you advance an employee’s pay with a check written prior to a regularly scheduled pay date, code this check to account 109. Deduct this amount from the next paycheck in its entirety or form a schedule of repayment that you have agreed to. It is your responsibility to track these advances. If employees reimburse you with personal checks or cash, please make a separate bank deposit and describe these transactions as an “employee advance being repaid.”
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