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Split Pay

A common situation when dealing with payroll is needing to match one payroll entry with two separate bank feed transactions, or to match two separate payroll entries to one bank feed transaction.

In Saasu this is done by using a clearing account to combine the entries into one.

I have one payroll entry and two bank feed transactions.

For Example:

Account Debit Credit
Asset: Payroll Clearing $100
Asset: Bank Account ABC $50
Asset: Bank Account ABC $50

I have two payroll entries and one bank feed transaction.

For Example:

Account Debit Credit
Asset: Payroll Clearing $100
Asset: Bank Account ABC $100