Deductions from Payroll
KathyMcG
Member Posts: 5
Good day, we are a low fees school. I don't use the Payroll section of Wave as I am based in South Africa but when entering the transaction for payment of salaries some employees ask that certain amounts be deducted from their salaries, i.e. books or uniforms for their children. An invoice has been raised for these purchases but I can't see how to enter the gross amount into payroll salaries and the payment into invoices raised in Wave - hope this makes sense.
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Comments
Hey @KathyMcG , I think you'd be best reaching out to a CPA or accountant on this one as it seems like this may have some complex accounting implications and I wouldn't feel comfortable advising you on something that could have a negative effect on your books.
Thank you. I'll do that.