Home – New Forums Money matters Loan from Director: add balance at end of quarter to net wages? Reply To: Loan from Director: add balance at end of quarter to net wages?

#1211475
Ross Forrester
Member
  • Total posts: 155
Up
0
::

I think your head is in the right place.

It might be tricky getting the program to operate in way that you want. The PAYG W reporting often does not consider the impact of journal entries and you can make a mess of it.

The simplest way is to follow the cash. Pay the wages. Pay the after tax cash to you. Repay the loan by you.

EASY!!!