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 > General Ledger Parameters
Overview
An extract of the Company General Ledger Parameters Screen:
Editing Components in a General Ledger Entry
When a General Ledger Entry is edited, besides specifying the account and contra account numbers, you have more options available with regards to the components.
An extract of the Company General Ledger Parameters Screen:
Once you have selected to Edit a component the follow options will be available:
Important Comment
Weekly and Bi-Weekly Frequencies
By default,the system divides automatic monthly components, for example Medical Aid, by the weeks in the month. If the user wants to define the number of weeks the component should be split by, it can be indicated on this screen.
For advised amounts processed on the Employee Recurring Screen, the user can specify the weeks the amount should reflect on the employee’s payslip screen with the only calculate this component in the selected runs of the month setting.
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