My client does not pay overtime. Instead, it pays straight rate for all hours over forty per week.
And this is called "reimbursements" on the Payroll Summary which is prepared by SurePayroll.
How to classify this on the chart of accounts? I can't just call it "reimbursements." total of $51k for the year to date.
My Salary & Wage expense balance agrees with the forms 941. But the "reimbursements" are not included. Also not included are the normal employee reimbursements such as travel and expenses. Right now i have dumped these "reimbursements" into Uncategorized Expenses.