PAYE and salary accounting 1-0-1

How-to
2

  1. Tag all payments (salary and/or expenses) as a transfer from the Business Account to the Director’s Loan Account (DLA).

  2. Enter all expenses incurred on behalf of the business by either raising a purchase invoice and then logging the payment as being made from the DLA or go to the DLA and click ‘Input New Transactions’ to enter the expenses and then tag.

  3. Finally enter your payroll journals as shown in the posting below:

http://community.quickfile.co.uk/t/how-do-i-enter-payroll-paye-journals-and-entries/53/4