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 Action section.
An extract of the Company General Ledger Parameters Screen
Account and Contra Account: Payroll Terminology versus Account Terminology
Important Comment
Tips
- Account numbers can also be broken down per project by adding the code [PROJ] in the account number structure. Please contact the Support Centre for assistance.
- If you want to extract all data on the various medical aids available in the company, ensure that the General Ledger numbers and contra account numbers are specified on every medical aid payroll fund. This will enable you also break the account numbers down per medical aid fund. The code [MED] can be used in the account number structure.
- Account numbers can also be broken down per employee code by adding the code [EMP] in the account number structure.
Related Articles
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