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Unemployment / Payroll

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(@jennafer)
Joined: 5 years ago
Posts: 1
Topic starter  

I have an owner/client that receives a regular paycheck. When Covid and shelter in place went into effect, she applied for unemployment. She continued to get regular paychecks and forgot about applying for unemployment. Eight weeks later and she received an unemployment payment.

I called QBO to reverse four paychecks to line up with the unemployment dates. The paychecks had been already cashed and bank reconciled. QBO had no problem with the adjustment. 

Question, the owner now wants to not pay herself the next few pay periods in order to pay back the company. Is this the best way to handle? 

Thank you in advance!


   
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