Combine payroll items on payslip
Hi everyone
Is there a way to combine payroll items on a payslip? We have just set up new payroll items -
Direct hourly wages (expense account = cogs)
Indirect hourly wages (expense account = wages)
I have also split each superannuation account to reflect the cogs amount , so each superannuation account has a cogs and an expense account.
As our staff have hours spilt each day between cogs and wages, the pay slips are looking messy.
Is there a solution to tidy this up. This will get increasingly messy when the staff are doing time and a half hours and double time hours spilt between direct and indirect costs.
Thank you so much in advance.
Kind regards
Samantha Cook
Sirus Contracting Pty Ltd
Comments
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Not to my Knowledge or experience
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No
And thank you for your question.
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I also think you could benefit from using a dedicated payroll package. Reckon is great at what it does but you might just be bumping up against the limits. Of course it isn't going to help your general ledger but all systems require compromises
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Hi Sam
Unfortunately, the system can't automatically split the Super across multiple expense/COGS accounts on a Paycheque.
💡 A possible workaround may be to use Class or Customer:Job tracking as it can do the auto split for those though
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Except Sharon the OP wants separate GL accounts.
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hi again Shaz
Any idea where i can find information / user guide on setting up and using classes?
My google search has not proved successful!
Kind regards
Sam
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Hi Sam,
There's a pretty good library of articles relating to classes within the in-product help in Hosted itself. Just type in classes into the search and it'll bring up a number of results.
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Thank you Rav, i did see this. I guess i was looking for some worked examples to see if this is something worthwhile setting up.
Thanks
Sam
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Re classes, the key question is do you have to regularly produce reports (especially P&L) based on components of your business say geographic such as Vic, NSW & HO or divisions e.g. fruit & veg, canned goods, deli goods etc. If the answer to this is yes, then classes become essential.
Setting up classes and extracting reports is very straight forward. Only downside is that you have an extra layer of detail which needs to be added to each transaction and sometimes this can become a bit time consuming and/or subjective.
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Hi Sam
Just to expand on Rav's advice ...
Buried deep within the Help files, there is actually a section, with hyperlinks to examples, for using classes for different industries:
To find it , enter "class tracking" into the Search box (rather than just "classes") then click on the topic highlighted as above 😊
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Ah, Thank you Shaz, I will look in to that. :)
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Sam some times the advice you get depends on the question you ask. Its great that you don't need separate GL accounts. It will certainly solve your problem. Several of my clients use general journals once a month to achieve this objective.
Have an awesome day
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