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Adyn
Level 2

Employee loan deduction

How can I deduct a loan from an employee's payroll monthly instead of weekly?

Solved
Best answer February 11, 2019

Best Answers
Rose-A
Moderator

Employee loan deduction

Thank you for dropping by, Adyn.

I'd be delighted to help you with deducting an employee loan every month in QuickBooks Desktop.

 

In order to deduct an employee's loan every month, you can set up other payroll items through their profile and manually enter the amount when it's time to take out the loan payment.

 

Here's how:

 

  1. Double-click the employee's name to edit.
  2. Click the Payroll Info tab and 
  3. Go to Additions, Deductions and Company Contributions and click Add New.
  4. Select Deduction and click Next.
  5. Select net pay and hit Next.
  6. Hit OK.
  7. When it's time to take out the loan, enter the amount.

You'll see some screenshots outlining the steps above.

 

If you'd like to go through this over the phone, you can call our dedicated team who will be happy to assist you. Our contact details can be found here along with our opening hours:
 

  1. Go to: https://help.quickbooks.intuit.com/en_US/contact.
  2. Choose your QuickBooks Product.
  3. Select your QuickBooks version.
  4. On the Contact Us page, click a topic.
  5. Click on the Get Phone Number button to see the support number.

Keep in touch if you need further assistance payroll. Have a great day!

 

 

View solution in original post

4 Comments 4
Rose-A
Moderator

Employee loan deduction

Thank you for dropping by, Adyn.

I'd be delighted to help you with deducting an employee loan every month in QuickBooks Desktop.

 

In order to deduct an employee's loan every month, you can set up other payroll items through their profile and manually enter the amount when it's time to take out the loan payment.

 

Here's how:

 

  1. Double-click the employee's name to edit.
  2. Click the Payroll Info tab and 
  3. Go to Additions, Deductions and Company Contributions and click Add New.
  4. Select Deduction and click Next.
  5. Select net pay and hit Next.
  6. Hit OK.
  7. When it's time to take out the loan, enter the amount.

You'll see some screenshots outlining the steps above.

 

If you'd like to go through this over the phone, you can call our dedicated team who will be happy to assist you. Our contact details can be found here along with our opening hours:
 

  1. Go to: https://help.quickbooks.intuit.com/en_US/contact.
  2. Choose your QuickBooks Product.
  3. Select your QuickBooks version.
  4. On the Contact Us page, click a topic.
  5. Click on the Get Phone Number button to see the support number.

Keep in touch if you need further assistance payroll. Have a great day!

 

 

c andrews
Level 1

Employee loan deduction

I cannot deduct from an employees check keep getting errot message can someone please call me on this matter 817 535-5885

 

MariaSoledadG
QuickBooks Team

Employee loan deduction

What specific error message are you getting, c andrews?

 

As mentioned by @Rose-A, to deduct an employee's loan every month, you'll have to set up other payroll items on your employees' profile. Then, manually enter the amount if you want to take out the loan payment.

 

However, if you still want to talk to one of our representatives, you'll have to contact them so you'll be able to get a scheduled call back.

 

Here's how: 

  1. Open QuickBooks.
  2. Go to Help, then select QuickBooks Desktop Help.
  3. Select Contact Us.
  4. Enter your concern, then click Continue.
  5. Choose the Get a callback option.

To get started with payroll here's a handy guide for more information: Get Started With Payroll.

 

If you need help, please let us know so we can get back to you.

BarrettKati
Level 1

Employee loan deduction

When entering the invoice for the deduction, (example:) We have a Employee Loan line added for this, lets say, we ordered a part from Napa and the employee wants me to deduct that out of his pay- I have added it to his payroll, but when I put it in the Employee loan, it shows back in my bills to be paid from the parts store- I do not think I am entering the invoice correctly- 

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