How to record PAYE for an employee

[Tim_Todd]

Hello,

Just wondering if you could help,

How could i post the PAYE to the nominal code as i have paid for one of my staff, how would i do this?

I have tried doing it in a purchase with no luck

[FaradayKeynes]

Your would journal the wages first

Dr Wages
Cr PAYE a/c
Cr net wages payable

and then from bank tag paye paid to PAYE a/c

[QFMathew]

Hi @Tim_Todd

Usually the PAYE is handled through a payroll journal using figures from your payroll software.

You’re in luck as we actually posted a new article on this yesterday:

Recording payroll

Introduction A common query that comes up on our forums are in regards to recording payroll. How you record it does depend on your setup, but we'll look at both options below. The 2 ways that payroll can be handled within QuickFile are: With a payroll journal Without a payroll journal 1. With a payroll journal The advantage of a payroll journal is that it allows you to record it prior to paying your employees, and it would show as a Liability on your balance sheet report. If you run your o…

As @FaradayKeynes says, you would then tag the actual payment to HMRC as a tax payment from your bank statement, which would then balance it out.

Please let us know if you need further help