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Sage payroll double entry (childcare vouchers)

Discussion in 'Accounts & Finance' started by Generaldogsbody, Dec 6, 2011.

  1. Generaldogsbody

    Generaldogsbody Guest

    Posts: 0 Likes: 0

    I'm just trying to enter payroll onto sage. Standard double entry is fine, but the current payslip I'm dealing with includes a salary sacrifice scheme of childcare vouchers.

    Can anyone help as to how I treat this?

    Would it be

    Dr Gross Wages
    DR ER NI
    CR PAYE / NI
    CR Salary sacrifice
    CR Net wages

    I'm thinking that when the employer then pays the childcare voucher provider, I will DR Salary sacrifice / CR Bank?

    Thanks in advance :)
    Posted: Dec 6, 2011 By: Generaldogsbody Member since: Dec 6, 2011