Payment Advances for LTD Workers

You can create a payment advance for limited company workers. The advance will be immediately available for payment and a single repayment will be scheduled for a future date. From the worker list, find the worker requiring the advance and in the actions menu (drop down) select Payment Advance.

The payment advance process is the same as the Adjustment Invoice process. Enter the amount and date for the advance and the date for the repayment. If you have already paid the worker outside of RSM InTime, select the Mark already paid option.

The system will generate an invoice or advice note for payment immediately with an invoice date matching the entered document date. A credit note for repayment will be also be created with the due date matching the repayment date. Both invoice and credit note will be available under the payment generation screen immediately.