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How do I create the payroll advances asset account in the Accounts List?

April 26, 2017account accounts advances ASSET create list payroll

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How do I create the payroll advances asset account in the Accounts List?

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• Go to the Accounts command centre and click Account List. • Click the Asset tab then click New. • Select Bank in the Account Type drop-down menu. • Give the account a unique number that suits your account list. • Name the account Payroll Advances. • Click OK.