Salary reconciliation¶

When you need to create salary payment on the system¶

For the enterprises that have different permissions for each accounting position and multi-steps salary approval, you will need to create a payment on the system to perform each payment step. Then, when the bank accountant receives the statement document and enters it into the system, we will reconcile these two accounts with each other.

Requirements

This tutorial requires the installation of the following applications/modules:

To reconcile, navigate to Accounting ‣ Dashboard and follow the guide on Steps in the bank reconciliation process.

In addition, to reconcile the accounts that record payroll deductions such as Social Insurance, Health Insurance, Unemployment Insurance, Labor Union Fees, etc., navigate to Accounting ‣ Accounting ‣ Journal Items (to do this, you need to activate the developer mode):

Enter Journal Items - Viindoo Accounting

Use search tools to find the journal items of the accounts that need reconciling, select the corresponding items, press Action ‣ Reconcile:

Reconcile insurance account - Viindoo accounting

Press Reconcile or Validate All to manually reconciling the insurance and union accounts:

When you don’t need to create a salary payment on the system¶

For the enterprises with the small and medium accounting system, one accountant is in charge of many positions then the payment and the reconciliation can be done as follow:

Create a payslip and approve the payslip.
Use Internet banking for salary payment, and at the same time enter the bank statement with the same value as the Internet banking payment:
- Navigate to Accounting ‣ Dashboard, select Create statement at the bank that you use to pay the salary.
- After entering the information in the statement, press Post.
- At the reconciliation view, you will reconcile the Bank Deposit account with the Employee Payable account:
- After reconciling, return to the reconciliation, you will be able to access the following salary payment entry: