Question asked by Kellie Mills 8 years ago
Hi
I am reconciling for the first time and when I tell the system that a transaction is a PAYE payment to a staff member it comes up with a warning to say that the main bank account should not have this sort of transaction against it?!?!
What am I doing wrong??
They need to be suppliers yes or else you'll have nobody to post the payment against. It would look like this:
Mr Employee being the supplier/employee.
Best answerHi Kellie
When you say a 'PAYE payment to a staff member' - do you mean the wages you've paid to them after deducting tax/NI? Or do you mean the tax/NI itself that you've paid to HMRC?
the wages i have paid into their account on pay day
Ok. Did you process the wages through Clear Books in the first place? If so, there should be an unpaid bill in the employee name which you would then just pay off.
If not, you would explain the payment out as you would any other expense. The employee is the supplier, it would go to the wages/salaries nominal account and it would be excluded from the VAT return.
If that's what you're doing and it's still giving you the error msg you mention a screenshot would be handy so we can see what you're doing.
I process pay through a different system.
So i need to set up all of my employees on clear books on the accounting side?!?!?
They need to be suppliers yes or else you'll have nobody to post the payment against. It would look like this:
Mr Employee being the supplier/employee.
Best answerthank you, for your help and speedy response...... I am now off to set up 100 employees!!!!
Thank you :-)
Hmmm....
If you really wanted you could just set up a bulk supplier called 'Employees' or something similar and post all payments there. I'm not a huge fan of lumping things together like that as it gives little meaning to the info at hand. But...so long as the payments in Clear Books match those being declared via your RTI submissions HMRC wouldn't take issue.
You must 