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Enhanced G/L Posting Options for Payroll and A/P |
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Benefit Accrual to General Ledger by Department:
Vacation, sick, and user-defined benefit accrual amounts can be posted to the general ledger using account numbers you specify for each department.
Benefit amounts accrued to more than one department are combined and posted in summary format to the employee's home department.
Voluntary Deduction Posting by Department:
You can specify deduction codes and general ledger account numbers for each department.
You can enter an unlimited number of deduction codes for each department.
Wage Expense Posting by Labor Code:
A wage expense account can be specified for each labor code.
The wage expense account is used when payroll earnings lines that reference the labor code are posted to the general ledger during the Daily Transaction Register Update process. If no wage expense account is specified, the update process uses the earnings expense account defined in Earnings Code Maintenance or, if that account is not defined, the standard payroll expense account defined in Department Maintenance.
Cash Account by Division:
You can specify a cash account for each division to use instead of a single cash account for all Accounts Payable transactions.
This cash account number is used during the Check Register update and Manual Check Register update processes. If no cash account is specified for the division, the bank code's cash account is used. |
New in MAS 90