- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Employees and payroll
I found a much better solution. This option allows you to avoid messing with any payroll taxes that have already been transmitted.
Open the original direct deposit paycheck, select "unlock net pay" in the "other payroll items" create a new account basically just a holding account, being sure to setup the new account with "none" in the Tax tracking type . I named the account employee advance.
Record the amount of the original net paycheck in the new "holding account" (as a negative or positive depending on whether your holding account was setup as an addition or deduction) Noting your taxes weren't affected, and the net paycheck should now be a zero. Save and close
Open a new direct deposit paycheck, remove any default hours or compensation, then record the net amount of the original paycheck in the same "holding account". Again, taxes should not be affected, and you are ready to transmit the replacement paycheck.