Issue/Symptom/Question

What entries are made when standard charging is used in payroll?

Environment

PENTA for Windows

Payroll

Setup > Legal Entity Info > US Payroll Accrual and Expense Accounts

Resolution/Fix/Answer

The highlighted Accounts are used:

Example Data: Employee is paid $10 and has Std Charge of $15 and works 10 hours on a Job  (assume no taxes/burden or deductions/reimbursements for simplicity)

Timecard Distribution:

Job Cost Account                                   150
     Contra Account                                            150
Salaries & Wages Regular Exp              100    
     Accrued Payroll                                            100

Check Creation Process:

Accrued Payroll                                      100
     Cash                                                             100

Cause

When a PENTA employee has a standard charge rate, the hours charged to a Job or Work Order use the standard charge rate for the cost while still paying the employee their hourly rate.