AboutCarlton Johnson, LPA, MFP, ABA Expertise Accounting for Small and Mid-sized Businesses
Bookkeeping - Setup and Maintenance
General Business Taxation
General Risk Management
Financial and Business Line Modeling
General Payroll
Employee vs. Independent Contractor Questions
Experience Concurrent Experience Includes:
9 Years in General Accounting
7 Years in Business Planning and Setup
6 Years in Financial Analysis and Modeling
Organizations Fellow of the Financial Academy of Financial Management
Education/Credentials Bachelor of Arts, Accounting, Morehouse College.
Licensed Public Accountant (PA), State of Delaware.
Master Financial Professional (MFP), American Academy of Financial Management
Accredited Business Accountant (ABA), Accreditation Council for Accountancy and Taxation
Question i work for asda and my pay this month is 37 hours short and they have forgot to put some of my hours on and said they will pay me the hours next month and have admitted they made a mistake . i owe a lot of money and direct debits out and my pay this month will not cover them. i need the money i am owed and worked for surely they cant withold my money. this will cost me a lot of money being shorti already work a month before being paid and wont be able to survive till next month there must be a law on withholding pay. thankyou
Answer Hi Alan,
Let's first cover the closest bases and then move outward from there. Since you have direct debit coming out of your account, you will have to first call the creditors and have them stop the direct debits. Explain to them the short pay situation and how that will affect their auto-debit to your account. If you not able to cancel all of them, prioritize which creditors should be paid and how much. The purpose is to keep the creditor in the loop as to avoid the appearance of intentional non-payment.
Secondly, notify the bank and instruct them to dishonor the debits for the month: there is only one caveat to this - some banks will do this and some will not. But the request is made in hopes of providing some security in avoiding overdraft fees.
Once you are satisfied with making the arrangement on the creditor side, focus on your employer. The amount(s) due represent a liability to be paid and it is due when it is due - on payday. Work with your employer to get them to issue a manual check that you can deposit to make up the balance of the missing payment. Also, you may have your employer pay the overdraft fees, if any, for any returned item. Most employers will work with this arrangement since the error, as admitted, is theirs.
