Payroll Journal in Sage 50 Accounts Part 2

Payroll Journal in Sage 50 Accounts Part 2

 Video Cast:

STEPS:

then now I’m going to force these last two lines which is employer allowance bit so that is going to be seven thousand six and I will write ER interval l April 2017 and this is going to be on the cake side because nominally code pseudonym encode this melancholy is for the expense and it is hitting profit and loss that will put 650 3.77 this is let me tell you again you are going to reduce the cost for the employer because employee is getting allowance for its employer and I up till three thousand pounds okay the next one is gonna be able to one one if you hide employer ni April 2017 and this is the liability the liability we can tell it when it comes on the website this is a three point five seven okay so here we have this payroll journal okay one more thing if you just save it it is going to be posted and here you don’t see any costs here but once we close you will see the course hitting the technical course before saving it I just have a look quickly so all the nominal codes are correct and if you want to just memorize this journals every time you are posting you don’t have to type in there you quickly go to memorize and make it s J and here you can put celery journal yep and you can just save it if I don’t save it and I just close doing you know and if I go back to journal and I click on recall and here it is gonna be my celery journal I will just load it and you will see all the figures okay I just need to change the date you don’t forget to change the date otherwise is going to go into wrong month which will affect your mind very force in the end okay what you can do is before putting any cost you can just put all the nominal codes like this and just memorize it and you call it all that every time again you want to pull this little journal and then put the post across again and they simply post it so I’m going to just click on save and it goes into their respective nominal codes if you want to see the breakdown you can just click on overheads and then click on browse reviews of course we are not going to have anything in enjoyer and I because we put the extents on the debit side and then extend for the cat’s-eye which cancels each other but if you just want to see the activ
ity you can just quickly and click on double click on here in the long code and if you go into activity you will see the first it’s going to be implemented and I and the second one is going to be employment allowance if you want to do your more research and employment allowance you can go to HMRC and do your research okay and the next part is going to be the balance sheet which is here if you go to cutter double tees you will see the payroll taxation which is payees here and I will be here but here you will only see employee and I because we have already cancelled employed and I with implement alarms if you want to see the activity quickly you can see it here so this is employee and I and this is employed and I and this is incremental ops okay and up for the last one was rated and this is video if you click on this one 3d Vegas here okay this one will see was your payroll journal and this is how you put your payroll cost in the stage it can be different aspect to this payable journal if you want to put the cost for individual employees into let’s say you want to put we week in different departments like pillow make a video where you are putting the individual employees cost into different departments but for that we’ll have to make the departments by going in here okay this is all for the poll for this video and in the next video I will show you how to offset the liabilities which are appearing here how to offset with these liabilities through Bank or through cash some companies they make you pay the employees in cash in most of the companies we pay their employees in the bank but of course you have to play v this is your HMRC liability and you pay HMRC through a bank the next video I will show you how to offset these payroll liabilities thank you very much for your time.