A final settlement is booked in the ledger

What moves

When a final settlement is posted, its lines become a ledger entry: an expense per component and the payable to the employee.

Before you start

• Payroll and Accounting in your plan
• The settlement expense and payable accounts exist in the chart of accounts (defaults 5150 and 2110)

Step by step

1. Payroll approverPayroll & WPS

   Approves the settlement after clearance.

   You see:The settlement is approved.

2. Payroll approverPayroll & WPS

   Records the payment reference.

   You see:The settlement is paid and the leaver's loans are closed.

3. Payroll managerPayroll & WPS

   Posts the settlement.

   You see:The settlement is sent to Accounting.

4. SystemAccounting & E-Invoicing

   Writes one entry keyed on the settlement: an expense per earning, the deductions and the net payable to the employee.

   You see:The entry appears once; resending changes nothing. A refusal appears in Accounting's anomalies.

5. AccountantAccounting & E-Invoicing

   Reviews the entry and reconciles the payment.

   You see:The leaver's final pay is in the books.

Related

• Accounting & E-Invoicing
• Payroll & WPS
• Accounting customers and suppliers are parties
• Accounting figures feed the month-end close page
• Accounting gets its own workspace
• A delivered order is invoiced and paid
• A device certificate is renewed before it expires
• Connections between modules