Available only to HR & Payroll module subscriber

Prerequisites :

Administrator and HR Executive role

Payroll Account Setup

You need to have some level of accounting fundamental in order to complete these fields. Our payroll operating transaction is based on accrual accounting. Each organisation will incur expense when it is setup for payroll which is allocated in Payables account. Hence, you need to select the appropriate account for each type of Expense and Payable.

NOTE: Must assign the account to each account dropdown list. Failure to do so will not let you complete the process of payroll account setup.

Source of Fund

• Any Bank type account

Expense Accounts

• Staff Salary
• KWSP / EPF
• PERKESO / SOCSO
• HRDF

Payable Accounts

• Net Salary Payable
• KWSP / EPF
• PERKESO / SOCSO
• HRDF

Once you have selected these accounts, you must then click Save for system to capture the proper accounts to do payroll transcations.