FinServ Help, Support & Guides

How to process staff salaries of FinServ

This steps will help you with the ways to process your staff salaries.

1. Create a salary process voucher
2. This will contain list of all the staff salaries to be processed
3. Deposit salaries amount into the individual staff accounts one after the other
4. While doing this, note the beneficiary bank
5. After posting of all the staff salaries deposit, the next is to approve all deposit transactions

After approval of deposit transaction, you then go to the journal voucher

1. On journal voucher debit the Salary Account under the Expenses Category with the total staff salaries amount
2. And credit the beneficiary bank with the total staff salary amount
3. Click on submit Journal Voucher process the transaction
4. Then approve the GL transactions.