Re: Employee expenses

["Grant Likely" <..hidden..>]

On 8/24/07, Jeff Roberts <..hidden..> wrote:
> If you have direct access to Bonnie's bank account and can transfer to
> it you can just do an internet transfer and use "Cash - transfers" to
> apply the amount from a bank account to 'Bonnie's Purchases' liability
> account.
>
> If you must generate a cheque it gets a little more complex and you have
> to use a clearing account.
>
> Create an 'Employee clearing account'. This is a 'Liability' account and
> check the AP summary account box.

Curious: what is the reason for needing to use an employee clearing
account when cutting a cheque?  Can you not cut a check which pays
directly into 'Bonnie's Purchases'?

Cheers,
g.

-- 
Grant Likely, B.Sc., P.Eng.
Secret Lab Technologies Ltd.
..hidden..
(403) 399-0195