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Elena Teofil
September 7, 2022
Question

Payroll Monthly Manual Journals

  • September 7, 2022
  • 2 replies
  • 1 view

Hi,

 

I use QBooks for one of my Client with Payroll processed monthly on a different software. I need help with how to post the correct monthly payroll JRN to reflect wages paid from bank account as well as PAYE/NI liability.

I have set up Expense/Payroll Expenses X Employee for each employee - this is as far as I got.

I also need to post the Employer Allowance to reflect the monthly allowance for NI given by HMRC and need to find out the correct JRN entry.

 

 

2 replies

paul72
paul72
Level 6
September 7, 2022

Hi @Elena Teofil 

 

I tend to enter these as Cheques rather than Journals but the effect is the same I think.

I don't separate out individual employees - just do as one bulk payment - although I do separate pension & NI contributions...

Notice that the first three lines add to Expenses (positive numbers) while the final three reduce the payment (negative) by moving the amounts to Liabilities.

 

Hope this helps.

paul72
paul72
Level 6
September 7, 2022
@Elena Teofil wrote:

I also need to post the Employer Allowance to reflect the monthly allowance for NI given by HMRC and need to find out the correct JRN entry.

 

Same again - I post this directly to the PAYE/NIC Cheque, simply as a reduction in the Employer NIC Expenses...

 

Hope this helps.

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