Posting payroll

[QFMathew]

Hello @MichaelT118

First of all, I would discourage the importing of the journal through the TB import tool as this can cause an issue further down the line. TB journals are flagged in a way to show them as opening balances.

@MichaelT118

I have the setting to post net wages to the BS off.

What this actually does, is:

1. Tag this payment to 2220 Net Wages
2. A second posting is made to move it from 2220 to 7003 Net Staff Salaries Paid

This actually creates a journal for you showing this movement, which also allows you to expand on it if needed (e.g. PAYE, Pension etc.).

If you switch this setting to on, you can create the journal manually. An example of which can be seen here:

There’s actually a guide on this in our knowledge base which may help: Recording payroll