You can use voucher classes for payroll vouchers to make the accounting entries for booking salary or wages. Creation of a payroll voucher class is similar to that of a receipt, payment or contra voucher class.
You can use voucher classes for recording payment vouchers for salary or wages to employees.
The following images show a sample voucher class for payroll payments using a Payment Voucher Type.
- Use Class for Cost Centre/Employees based Bank Allocations – Yes.
- Select the allocation master as required.
Select the required groups for inclusion and exclusion.
Use this voucher class when recording payroll payments to employees.