Once the General Ledger Entry has been created, you can proceed to define account and contra account numbers.
Please note: Click on any image in the article to enlarge.
NextGen or Classic
The Classic version is the name given to the previous look and feel of the system. Important to note, both NextGen and Classic point to the same database. No data migration is therefore applicable.
This article covers General Ledger Account Numbers for the
Classic version of the system.
An Example of the Classic Landing Page
The article that explains the same for the new and improved
NextGen version, is coming soon.
An Example of the NextGen Landing Page
This feature is available on Lite, Premier and Master.
Select the category heading to expand and collapse each Payroll Action section.
Account and Contra Account: Payroll Terminology versus Account Terminology
Account and Contra Account: Number Structure
You have the option to break down the information per organisation structure.
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.
About 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. Please note: Click on any image in the ...
About Once the General Ledger Entry has been created, you can return to the General Ledger Parameters Screen to make changes. Please note: Click on any image in the article to enlarge. NextGen or Classic The Classic version is the name given to the ...
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 ...
About The system offers a pre-defined workflow path that guides you through the sequence of adding a new company. The Add New Company Generic Workflow consists of the following screens: Please note: Click on any image in the article to enlarge. ...
About Frequencies refer to the pay cycles within a company e.g. monthly, bi-weekly or weekly. When a new company is added on the system, the frequencies are created. Thereafter, you can add more frequencies if necessary. If only one frequency is ...