cancel
Showing results for 
Search instead for 
Did you mean: 
melissaeritano
Level 1

Is there a way tofinalize payroll early? I have an employee who needs an advance on her check one week earlier than payroll usually runs.

 
1 Comment 1
john-pero
Community Champion

Is there a way tofinalize payroll early? I have an employee who needs an advance on her check one week earlier than payroll usually runs.

You should cut a paper check if possible. Record it as Employee Advance, a current asset. Then post the repayment as a deduction in next payroll.

 

Or you may be able to run an unscheduled payroll for 1 employee if it is to be direct deposit. Keep in mind that if you simply issue the paycheck a week earlier you will owe tax deposits a week earlier as well.

Need to get in touch?

Contact us
Sign in for the best experience
Ask questions, get answers, and join our large community of QuickBooks users.
Sign In / Sign Up