Salary and the deductions payments

In this article, we will show you:

• How to pay the employees’ salaries on Viindoo software.

• Make payment for the salary deductions that the company has deducted from employee salaries as well as the one that the company has to bear with on Viindoo software.

Salary payments

Similar to creating a customer payment, your company can also create a salary payment request on the system as follows:

Navigate to Accounting ‣ Vendors ‣ Payments ‣ Create:

The information you need to pay attention to includes:

• Partner Type: Vendor;

• Customer/Vendor: Enter the contact of the employee you want to pay for. Leave this field empty if your company pays for various employees and not to any specific person;

• Destination Account: Select the Payables to Staff Account;

• Amount: Total salary to be paid for the month;

• Memo: Contents of salary payment.

After fulfilling the information, hit on Confirm to complete. Then, You can access the link in the Journal entry field to view the generated entries for the salary payment:

Salary deductions payment

In Vietnam, according to accounting law, you will need to track the details of the salary deductions on different accounts. When paying to the insurance or tax authorities, etc., the enterprise will pay monthly, quarterly, or every six months, so one payment can be made for several recorded journal entries. Viindoo provides you with the feature of suggesting the amount to be paid to a partner according to the journal entries associated with that partner.

To use it, you need to install the additional Payment with Payment Lines module. You go to Viindoo’s Apps module, cancel the default filter, search for the to_account_payment module and proceed with the installation.

Returning to the salary deductions, you follow the same steps as how to record a customer payment:

• Partner Type: Vendor;

• Customer/Vendor: Select the partner to create the payment;

  Note

  • The partner should be assigned to each accounting journal entry of the salary deductions. To assign partners, you make a declaration on the types of Contributions register.

• Suggest Line: Check ​​to enable the feature. At this time, the system will automatically search and suggest all the related journal entries to this partner in the payment details tab.

Click on the Confirm button to complete the payment and view the journal entries:

Note

• The Outstanding payments account appearing in the payment entries will be replaced by Cash in banks account after the salary reconciliation.