How to pass the entry via HR to FI when the recovery is made in cash from employee for full and final settlement

[Former Member]

Hello Team,

Here is a scenario am stuck with-->

Employee has been terminated effective 28th April 2014 after the payroll run.

We are deducting (28-30th) 3 days salary( say 500 USD)

He is getting sm amount say USD1000 as business trip allowance

After the Full and final calculation  he is to pay to the company USD 400 which the employee has paid in cash.

How should be pass this entry to finance from HR?

Thanks,

Poonam

[Former Member · Accepted solution]

Hi Poonam, If Employee has paid cash. Here are your option. 1. Send that money treasury department 2. Do you have any deduction wage type? Use that in infotype 0014 and re-run offcyle for him when was active. 3. Perform GL account posting. 4. FI Business will get this as a deduction in balance sheet account but they will adjust this from the cash money account which got from that employee. Regards, Arpit

[Former Member · Accepted solution]

Thanks a lot Arpit for the timely help..! I apprecite.

[Former Member]

Dear Experts..Please revert with your suggestions asap...this is a prod issue and i need to close it out on priority.

Thanks Much,

Punam