How can I see an employee’s statement of account? Moreover, I can figure out how to post entries of advance loan extended to an employee?

Hi LYMaccounts,

The Employees section in the QuickBooks Online International versions is merely for tracking transactions online. It's like tracking transactions for a vendor. You can run a per-employee report, by clicking the down arrow beside Edit and choose Run report.

To provide a loan to your employee, you can create an Other Current Asset type of account. Then, create a check an use it in the transaction. Let's say, you're loaning PHP 10,000, you can record it like in the screenshot.

When the employee pays you back, you can record the repayment as a bank deposit and use the same loan account to zero out its balance.

That will do it. If you have other questions, please don't hesitate to go back to this thread. Have a good one!