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Post Info TOPIC: Expenses paid through Payroll


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Expenses paid through Payroll


I use sage payroll and accounting.

My payroll journals balance (obviously) but I want to record expenses which are paid through payroll, in sage so as to show petrol receipts, hotels, car parking etc as an expense.

Should I be using gross pay or gross taxable pay in my original journal?

1) How to enter it in the future

2) How to rectify past entries.

Thanks



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B M Roberts


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Posts: 1963
Date:

I would think you should only use the payroll entries for your journals and not the re-imbursed expenses, then journal the expenses in separately, eg debit motor expenses, credit bank. Be careful in casethere are any P11D reportable values.

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Rob
www.accounts-solutions.com
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