Wages Journal

[JD1995]

Hi people,
Can someone please advise. I’ve never dealt with SMP/SPP recoveries before! Can anyone tell me if these would be the correct journal entries?
I have From Summary
Total net pay £10,946.49
PAYE Tax £927.80
Total Tax Due £927.80
NIC:
Employee Nic £750.35
Employer NIC £862.90
SMP/SPP Recovery -£587.72
SMP/SPP Compensation -£17.64
NIC Employment Allowance -£862.90
Total NIC £144.99
Total Tax and NIC Due £1,072.79

Employee Pension Contributions £292.45
Employer Pension Contributions £219.36
Total other payment £511.81

Should I just do:
7000 Employers wages and salaries DR £12,917.09
7020 Employers NI DR £0
7030 Employers pensions DR £219.36
7070 Statutory maternity pay CR £587.72
7070 Statutory Maternity Pay CR £17.64

2250 Employees [each name per line] net pay CR £10,946.55
2260 Pension CR £511.81
2220 NIC to pay to HMRC CR £144.99
2210 PAYE to HMRC CR £927.80

Or should I do the DR and then the CR?
7010 Employer NIC DR £862.90
7010 NIC Employment Allowance CR £862.90

This is probably completely wrong so any help with the journals would be massively appreciated, sorry if posts weird! I did have pictures but I’m a newbie so I can’t post them ‍

Thanks in advance

 

[Scalloway]

Who is going to look at the entries in the ledger after they have been posted? Unless you need the gross figures I would just post net.

 

[JD1995]

Who is going to look at the entries in the ledger after they have been posted? Unless you need the gross figures I would just post net.

Hi thanks for replying, I don’t really think anyone would really need to look in the future tbh. I just wanted to make sure it was done properly going forward.
So just to clarify you think I should just do....

7000 Employers Wages & Salaries DR £12,917.09
7020 Employers NI CR £605.36 (as there’s recoveries)
7030 Employers Pension DR £219.36

2250 Net Wages (Employee each line) CR £10,946.49
2260 Pension CR £511.81
2220 NIC to pay to HMRC CR £144.99
2210 PAYE to HMRC CR £927.80

 

[Scalloway]

Why have you removed the entries for SMP?

 

[JD1995]

Why have you removed the entries for SMP?

Because as I said I’m not really sure about it and I thought that’s what you meant ‍
I’ll live chat sage tomorrow, they should be able to help me.

 

[Scalloway]

This is the version I would use.

Should I just do:
7000 Employers wages and salaries DR £12,917.09
7020 Employers NI DR £0
7030 Employers pensions DR £219.36
7070 Statutory maternity pay CR £587.72
7070 Statutory Maternity Pay CR £17.64

2250 Employees [each name per line] net pay CR £10,946.55
2260 Pension CR £511.81
2220 NIC to pay to HMRC CR £144.99
2210 PAYE to HMRC CR £927.80