I have had a CC charge come thru from a 3rd party that paid for wages that went to a project (should be COGs). When the *net* charge came in, I coded it to Wages & Benefits (COGs acct).
However, when I try to create the journal entry to record the wages/ taxes/ etc, the $$ amount for the *gross* wages is showing up as well on the P&L.
What account(s) should I use to record this transaction accurately?
Thanks!
