How to record liability to employee if I defer payroll to future date?
This of course relies on you being one of the following only
LLC electing to be taxed as an S corporation
No other entity allows you to pay yourself as an employee of your business.
The answer will depend on which of the three above you fall in.
In a C or S corp you are a shareholder first and employee second. Thus a deduction on your paycheck equal to net pay ( for a zero dollar paycheck) would be a Shareholder Loan to the company.
If an LLC even electing S for payroll you are still in a complete pass through for taxes situation the way I see it and in this instance you never loan money to yourself, but you contribute equity. So you would input a deduction equal to net from Member Contribution. An LLC is never required to repay its sole member for money put in.