Despite having a payroll company you may still want to keep a record of your periodic pay runs so that your file is complete.
- Create a new Journal entry that will represent this Pay Run cycle. This is a bulk entry for all employees.
- Each item in the Journal entry will represent cashflow for a Bank Account or the amount to allocate against an Account.
- Save the transaction.
- Next Pay Run find the previous Pay Runs Journal entry and Duplicate it.
- Modify the Pay Item amounts for any differences before saving and closing.
