How to Record Staff Advance (New Vers.)

Learn how to record staff advance payments in your accounting system. This guide helps you track advances given to employees and ensure accurate expense reporting.

1. Click on Accounting and select 'Chart of Account'

2. Ensure you have both Staff Advance and Bank COA. If not, click on Add New to create them.

(To learn how to create a COA, please refer to How To Create Chart of Account)

3. Click on Journals

4. Click on Add New

5. Enter the description as Staff advance

6. Fill in the details

Credit - Bank
Debit - Staff Advance

7. Click on Save