Adding a General Ledger Entry
Multiple General Ledger Entries where account numbers are specified per component can be created within the same frequency. This enables you to define different account numbers for the same component.
This feature is available on all PaySpace editions.
Navigate > Config > Payroll > Payroll Config > General Ledger Parameters
An extract of the Company General Ledger Parameters Screen.
An example of the Company General Ledger Parameter Screen:
More than One General Entry
- In the scenario where there is more than one General Ledger Entry created, the employee can be linked to the applicable General Ledger Entry on the Employee Position Screen.
- An employee can only be linked to one General Ledger Entry.
- If the company only utilises the Default General Ledger Entry, the field to link the employees on the Employee Position Screen will not be available.
General Ledger Account Numbers
About Once the General Ledger Entry has been created, you can proceed to define account and contra account numbers. Edition This feature is available on all PaySpace editions. Overview Select the category heading to expand and collapse each Payroll ...
Maintaining a General Ledger Entry
About Once the General Ledger Entry has been created, you can return to the General Ledger Parameters Screen to make changes. Edition This feature is available on all PaySpace editions. Navigation Path Navigate > Config > Payroll > Payroll Config > ...
Exporting a General Ledger
About The General Ledger Report provides a general ledger listing of the financial entries for a chosen run or period. You have the option to select a file format to export the report from the payroll. The file can then be imported to the company’s ...
How do I create a General Ledger entry?
General Ledger entries can be created on the General Ledger Parameters screen. Navigate > Configurastion > Payroll > Payroll Config > General Ledger Parameters Step 1: Select the option "click here to add a new gl entry". Step 2: Complete the Company ...
How do I add and edit General Ledger account codes?
The GL Account and GL Contra Account codes (numbers) can be added and edited per component on the General Ledger Parameters screen. Edit the applicable GL Account and GL Contra Account codes listed next to applicable component. Navigate > ...