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Article #1314

Multiple transactions occur when companies process their employees’ regular payroll; thus, multiple journal entries are generated to represent these transactions. AccountMate’s Payroll module generates these journal entries when you record transactions in the Apply Payroll/Payment, Print Payroll Check, and Post After-the-Fact Payroll functions. ”Regular payroll” in this Technical Note refers only to employee records that are assigned earning codes that have the Regular earning type assigned.

Learn what journal entries will be generated when processing an employee’s regular payroll, and the source fields where you can find the GL Account IDs being used, in this PDF: Article #1314: Understanding the Journal Entries Created When Processing an Employee’s Regular Payroll.