Journal structure

In the journal structure you link a debit and credit account to each wage component.

Description

A journal structure consists of the following components:

Financial features

You can organise the chart of accounts using financial features. You use a financial feature to group wage components that have the same feature. This allows you to clearly organise the journal structure so you can find the wage components faster and can quickly compare the journal entries for the wage components.

Example:

The Bruto loon financial feature groups all wage components that affect the gross wage of the employee.

Year-dependent

A journal structure is not year-dependent. This means that if you change the journal structure, Profit carries out the change retroactively in the salary processing when you initiate RAE entries.

If you want a new journal structure for a specific period, you add a new journal structure. You then link the new journal structure to the employer, which retroactively affects the salary processing for the previous periods. You add a correction period in which you process the changes to the journal structure. A journal entry with the correction is created in the correction period.

Procedure

• Add a journal structure

  You add a journal structure to journalise the salary processing of an employer. In the journal structure you link a debit and credit account to each wage component.

• Configure the journal structure

  In the journal structure you link a debit and credit account to each wage component. You link an account and a contra account to each wage component.

• Complete the journal structure

  If the journal structure has not been configured completely, Profit displays a message.

• Adjust the Payroll journal structure

  You can adjust the configuration of the journal structure.

• View the Payroll journal structure

  You can use a view and a report to display the configuration of the journal structure.

Also see

• Payroll journalising
• Checking Payroll suspense account