We are trying to figure out how to process payroll advances and then deduct the monies in the next payroll via a deduction for hourly and salaried employees.
This pay advance should not show up on their W-2's at the end of the year but would be handled via a Balance Sheet account.
The advance would be paid in 2022 and recovered in January of 2023.
Can GP handle this? Is there anything that can go wrong?
Any input would be appreciated.
Thank you.
