Subsequent Activities for Year End Adjustment
This section explains the subsequent activities which are performed after Year End Adjustment. All subsequent activities are carried out after payroll accounting, which consists of the payroll run itself, the creation of remuneration statements and actual remuneration by bank transfer or check.
First of all, the payroll results are evaluated and then prepared for their subsequent transfer to accounting, which constitutes the second step in the procedure.
In addition to these obligatory activities, the system enables you to create a payroll journal, year end adjustment check list, tax statement, wage ledger, and payment report for your employees.
Reporting for Posting Payroll Results to Accounting for Y.E.A.
Payroll Account for Y.E.A.
Payroll Journal for Y.E.A.
Y.E.A. Check List
Tax Statement for Y.E.A.
Wage Ledger for Y.E.A.
Payment Report for Y.E.A.