Good day
The payroll journals have not all integrated into Sage One Accounting.
How do I go about fixing it?
Would anyone have a list of the account to be debited and credited for the Integration please.
Good day
The payroll journals have not all integrated into Sage One Accounting.
How do I go about fixing it?
Would anyone have a list of the account to be debited and credited for the Integration please.
Good day,
Thank you for your inquiry.
Generally, the following principles are applied when posting payroll journals:
• Earnings are debited to an expense account and credited to a salary control account,
• Deductions are debited to a salary control account and credited to liability accounts (such as PAYE, medical aid, etc),
• Company contributions are debited to an expense account and credited to liability accounts,
• Fringe benefits are debited and credited through the salary control account, unless the debit needs to be expensed (such as medical costs paid on behalf of the employee).
*Community Hub is the new name for Sage City