General Ledger | Adding a General Ledger Entry

General Ledger | Adding a General Ledger Entry

Overview

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.

Edition

This feature is available on all PaySpace editions.
Navigate > Config > Payroll > Payroll Config > General Ledger Parameters

Details

An extract of the Company General Ledger Parameters Screen.




An example of the Company General Ledger Parameter Screen:



Important Comment

More than One General Ledger entry
  1. 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.
  2. An employee can only be linked to one General Ledger entry.
  3. 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.

    • Related Articles

    • General Ledger | Maintaining a General Ledger Entry

      Overview 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 Navigate > Config > Payroll > Payroll Config > ...

    • General Ledger | General Ledger Account Numbers

      Overview 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. Details Select the category heading to expand and collapse each Payroll ...

    • How do I create a general ledger entry?

      This feature is available on all PaySpace editions. General Ledger entries can be created on the General Ledger Parameters screen. Navigate > Configuration > Payroll > Payroll Config > General Ledger Parameters Step 1: Select the option "click here ...

    • General Ledger | Exporting a General Ledger

      Overview 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 ...

    • How do I add and edit general ledger account codes?

      This feature is available on all PaySpace editions. 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 ...