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Using Keypay where does the payroll post to the ledger. Just realised my P&L has no wages!

 
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Using Keypay where does the payroll post to the ledger. Just realised my P&L has no wages!

We'll need to make sure that you've assigned a correct account, screenbusinessso.

 

The wages will display in the Profit and Loss report once we've selected an expense account as the default account. I'll show you how:

 

  1. Click the Employees tab.
  2. Go to the Payroll Settings tab.
  3. Under BUSINESS SETTINGS, select Chart of Accounts.
  4. Click the Default Accounts hyperlink.
  5. Select an expense account in the Wages Expense Account field.
  6. Click Save.

Afterward, let's open the Profit and Loss report again.

 

If the account is correct yet, you still get the same thing, I would recommend reaching out to our Phone Support team. An agent will take a look at your account and investigate this further. Let me guide you how:

 

  1. From the ? Help icon, click Contact Us.
  2. Enter The profit and loss report has no wages.
  3. Hit Let's talk.
  4. You can either Get a callback or Chat with us.

 

Once everything's fine, we can run any payroll reports like, Payrun Comparison Report, PAYG Withholding, or Pay Categories Reports to show all your employees total gross earnings and taxable earnings.

 

I'm always around if you still have concerns with your payroll!