Benefit for Salesperson

Hello,

Our salesman paid his own medical benefit and MSP and by the end of the month, he will get the reimbursement from the company.   How can I record this transaction?  

Thank you for your help.

Moto

Parents
  • 0

    Hi Moto,

    You can setup a reimbursement income by following the article link below:

    How do I create a new payroll income?

    When you do a paycheque to your salesperson/employee, you will see that reimbursement income on the right hand side of the income tab. You can use it and pay back the medical benefit and MSP. It only affects the net pay but not the gross pay. When you post the entry, it will credit the bank account and debit the expense account you link to it.

    Hope this helps

Reply
  • 0

    Hi Moto,

    You can setup a reimbursement income by following the article link below:

    How do I create a new payroll income?

    When you do a paycheque to your salesperson/employee, you will see that reimbursement income on the right hand side of the income tab. You can use it and pay back the medical benefit and MSP. It only affects the net pay but not the gross pay. When you post the entry, it will credit the bank account and debit the expense account you link to it.

    Hope this helps

Children