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Post Info TOPIC: Posting the Salaries in Sage
MariaIrabene


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Posting the Salaries in Sage
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Hi, I'm new to this site, but have been reading it recently and learning. I started working for a restaurant and so I have to post in Sage the takings and the payroll. As I am not sure how to post the payroll journal, I have been just making bank payments using Nominal code 7003 instead. How does it work in the end? Also, the takings, I have been invoicing my fake customers, as there are 4 types of Sales, and it seems to work. Any comments will be appreciated. Maria



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MHenrique
Sharon Eyre


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You need to do the journal as follows :

Debit gross wages -usually in the 6000 or 7000 range
Debit employers NI -again in similar range
Credit both ees and Ers NI and tax deducted -usually 2220
Credit net pay -usually 2210

The net pay would then go as a payment through the bank to the nominal code 2210 to balance the account back to zero
The same applies when you pay the paye over -the payment should debit the 2220 account to zero this as well

Hope this helps

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Regards

Sharon
MariaIrabene


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Yes, thank you. Will do that from now on. Very helpful.
As for the cash sales, the takings? shall I continue posting as invoices to fake customers?
Maria


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MHenrique
FoxAccountancyServices


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Maria

Is there a reason you cant just do cash receipts to 4 separate sales codes? Seems a bit of a faff going through customers, if no invoice is actually issued?

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MariaIrabene


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Yes, the bank receipts for my Takings, sound a lot easier to do; will try that, thanks.

As for the Payroll Journal, thanks a lot, very helpful again. It's clear now what I should be doing all along.

Thanks a lot for your help.

Maria

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MHenrique
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