Wages can be posted as a Journal or Payments. If creating a payment, then be sure to leave the supplier blank so you may select the correct wages nominal code for the transaction, and confirm the bank account at the top of the screen where the money is coming from. To set up a quick payment for wages, complete the following steps.
1. Log in and click the required business.
2. The Customers page appears. On the left panel, click Banking > Payments.
3. The Payments page appears. Click [Quick Add].
4. The Quick Payment page appears. Enter the following details.
| FIELD | STEP |
|---|---|
| BANK ACCOUNT | Bank account from which the transaction is processed. |
| Date | Enter the date the wages was paid. |
| Payment Type | Enter the payment method. |
| Ref. No. | Enter a unique reference number for the payment. |
| Supplier | Leave this field blank so you can select the correct wages nominal code. |
| Payee | To set up a quick payment record for a non-supplier, enter the name of the payee. |
| Notes/Narrative |
The Standard Narratives declared in the Settings > Standard Notes section will reflect here once you create a new Quick Payment. You can select single/multiple Standard Notes, add, edit or delete Standard Notes. You can also search for a standard note using the search bar that pops up once you click Notes on the Quick Payments page. You can replace the Note Description with the Narrative attached to it as per the new update. |
| Amount | Enter the allocation amount. |
| VAT Code | Select the applicable VAT rate. |
| VAT | The value in this field is calculated on the basis of the values in the Amount and VAT Code fields. |
| Nom. Code | Select your wages nominal code. |
5. To save the quick payment details, click [Save].