The replacement check and the deposit for the return of the denied direct depost will offset in the direct deposit liability account if you record it correctly.
I reread your question and I wanted to add something. If you meant paying an advance (I answered the question like you were trying to be paid back in my above r...
You can just add a withholding that hits the employee advance account. It will show up like any insurance or tax deduction and removes the need to handle cash.
I am an accountant. I just want to know if I can link a check that has been cut to an outstanding credit. This way I wont mess up my bank recs. I understand how...
The checks were cut the same time the credit was created. They were never attached so the credit still shows. but the check already exists I just need to know h...
