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Sage Wages record question

A-VicA-Vic Expertise GuaranteedRegistered Posts: 6,970
Hi All

Quick question regarding where would you record a wages payment on sage?

i understood that it would be

Bank payment 1200 /nominal /7005 /cheque number /T0

the main question is would you record this anywhere else? this is just to record to the final accounts the payslips are delt with sepratley.

Sorry if ive not made much sence

Thanks for the help

:001_smile:

Comments

  • A-VicA-Vic Expertise Guaranteed Registered Posts: 6,970
    Or would you just treat it as a journal entry

    Debit - Gross Wages + EMP NI
    Credit - NI EMP & EMR
    Credit - PAYE
    Credit - BANK Net wages


    ????:confused1:
  • King of the MountainsKing of the Mountains Feels At Home Registered Posts: 66
    DR - Gross Wages and Employers NI

    CR Paye
    CR National Insurance (employer's and employees' NI)
    CR Net Pay

    The wages payment should be processed as a bank payment to Net Pay - Which will credit the bank and debit the net pay
  • A-VicA-Vic Expertise Guaranteed Registered Posts: 6,970
    Right thanks thats the way i normally post it, just was asked today and totally got confused lol
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