Tight budgets and the fact that an organization’s most significant expenses are people related requires payroll related expenses be posted to the appropriate general ledger accounts. Employee Account & Splits enables you to handle more complex posting of payroll expenses.
Enter and maintain additional reporting information related to an employee’s positions. The account number field provides the flexibility to override or dynamically build the posting accounts for each employee. This window also allows the user to track multiple jobs by calendar Year.
Dynamically build employee payroll posting accounts using the Employee Account Options window. Use account segments from either the posting account setup window or the employee pay details window.
Salaried employees sometimes work across multiple departments and their costs should be allocated in the same way. The Employee Splits features enables the system to automatically split employee costs based on department, position, or pay code as well as specify the GL Posting Account, overriding any Payroll Posting Account Setup options.
No reviews have been submitted. Do you use Employee Accounts & Splits? Have you considered it as part of your software evaluation process? Share your perspective by writing a review, and help other organizations like yours make smarter, more informed software selection decisions!