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Posted by Joanne on January 31, 2007, 4:25 pm
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> I've run into a problem with how to make deductions from payroll for
> employee purchases made on company credit cards. (We're processing
> payroll using QuickBooks Pro 2006)
>
> So here's the specific scenario causing the trouble...
>
> We occasionally have employees who make personal purchases on their
> company credit card (usually for gas because they're so short on cash
> that they can't make it to work otherwise). When it comes time to
> reimburse the company for their purchases, we take a deduction from
> their mileage for that pay period.
>
> This system has worked well, but occasionally we have a situation
> where the employee doesn't log enough mileage to cover their fuel
> purchases. How does everyone else handle repayment of personal
> charges made on company credit cards?
>
> Is it better to just keep it separate from payroll and require that
> the employee cut a check back to the company at the time payroll is
> issued?
>
> Any insight would be greatly appreciated.
Create a payroll item for the deduction. Be sure to identify it in the
set-up as an after-net item. You can create one for mileage also which
would be an addition to net. Both will affect the net check but not the
taxes.
--
Sincerely,
Joanne
If it's right for you, then it's right, . . . . . for you!!!
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