Payroll Processing
Running monthly payroll, generating payslips, and posting salary entries to GL.
Running Monthly Payroll
Step 1: Go to Payroll → Process Payroll. Select the payroll month and year.
Step 2 — Review: AccountManager lists all active employees with their gross salary, deductions and net pay. Adjust for leaves, LOP or ad-hoc deductions if needed.
Step 3 — Confirm & Post: Click Process Payroll. Journal entries are auto-generated — Salary Expense Dr, respective deduction liability accounts Cr, and the net payable to employees Cr.
Step 4 — Print Payslips: Click Print All Payslips or select individual employees and print their payslip.
Once payroll is processed and posted, the salary journal appears in the Voucher Register under the Journal category. To revise, cancel the journal and re-run payroll.