Configure the Payroll journalising

You determine if Profit automatically generates the journal entry following the approval, transfers the journal entries to Profit Financieel or exports them.

Description

You can journalise the salary processing in two ways:

  • Manually

    Following the approval of the salary processing, you perform the journalising manually in the Salary processing cockpit.

  • Automatically

    Following the approval, Profit automatically journalises the salary processing

Integrate or export journal entries

You can transfer the journal entries to Profit Financieel or export them for use in another financial software package.

If you integrate the journal entries with Profit Financieel, by default Profit will transfer them to the current environment. You can specify an administration within Profit Financieel. You can also transfer the journal entries to another environment.

Procedure
  • Journalise automatically or manually

    If you use the integration with Profit Financieel, for each employer you specify whether Profit automatically journalises the salary processing or whether you do this manually following the approval.

  • Journalise to another environment

    By default Profit generates journal entries in the current environment once a period line is approved. You can transfer the journal entries to another environment.

  • Configure the export of journal entries

    You can export the journal entries in Profit to another financial software package. For this purpose you have to select an export format at the employer level.

Also see