How do I get employee reimbursements to show up separately in financial reports?

It’s a good idea to set up reimbursements so that they appear separately from wages on your Profit & Loss report. Here’s how:

1. Go to your Accounts List and create a new expense account for the reimbursement, such as ‘Motor Vehicle Reimbursement’ or ‘Staff Field Expenses’.
2. Go to Payroll Categories and double-click the reimbursement category.
3. Click the Optional Account button. In the Override Account field, enter the account number that you created in Step 1. 
4. Click OK.

That’s all there is to it. From now on, whenever you record a pay transaction that includes this reimbursement, the value of the reimbursement will show up separately in your Profit & Loss report. Try it and see!

The contents from this page are taken from the MYOB Payroll eBook series, by Veechi Curtis, available online for only $9.95 each.

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