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I tend to enter these as Cheques rather than Journals but the effect is the same I think.
I don't separate out individual employees - just do as one bulk payment - although I do separate pension & NI contributions...
Notice that the first three lines add to Expenses (positive numbers) while the final three reduce the payment (negative) by moving the amounts to Liabilities.
Hope this helps.
@Elena Teofil wrote:I also need to post the Employer Allowance to reflect the monthly allowance for NI given by HMRC and need to find out the correct JRN entry.
Same again - I post this directly to the PAYE/NIC Cheque, simply as a reduction in the Employer NIC Expenses...
Hope this helps.
