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Employees Pension Contritubtions


#1

Hello, Our company has been paying employees’s pension contributions, which nominal account does it get tagged to from the bank??

Lydia


#2

Hi @Lydia_Connery

This would usually form part of your payroll journals. We have an example of a journal in our below guide - we’ve tried to include the various options, but the bottom lines relate to pensions:

Recording payroll

You may also find this previous thread helpful:
Employee's Pension Contributions