Showing posts with label quickbooks error. Show all posts
Showing posts with label quickbooks error. Show all posts

Tuesday, 5 July 2016

How to Use QuickBooks to Pay Cash to Your Employees

At times, organizations need to pay cash to their employees, verses issuing a paycheck. Hence, there are reasons a business may need to use this QuickBooks Support feature.
 One, the business has income issues, and paying cash to employees is more manageable.
Two, the employee might not have a salary bank account and cashing on a paycheck is difficult and/or costly, and direct deposit is not viable. Organizations cannot just pay cash to employees for work performed. There must some sort of paper trail as proof of salary dispatched to employees. These are;
  
 How did the employee receive the money?
·         When did the employee get cash?
·          How the gross pay was calculated?
·         What was the gross pay versus net pay: What expenses were withheld from the compensation?