Payroll journals

Setup › Payroll journals.

VexLedger does not run payroll, calculate PAYE or submit anything to HMRC. You run payroll in your payroll software; VexLedger records the totals in your books.

Select Import Payroll Run and enter, for the pay period:

• Period start, Period end and Payment date
• Gross wages, Employer NI, Employee NI, PAYE income tax
• Employer pension, Employee pension, Student loan
• Employee count

VexLedger posts the employment costs and the amounts owed to HMRC and employees as a journal. Each run is listed with its status, for example Posted.

Add payroll software records which software you use and which accounts its journals post to (the wages expense, PAYE liability and net wages liability accounts). This is a note only: nothing is imported or synced.