Now you can seamlessly apply payroll information to your general ledger. Online Employer’s General Ledger provides you—or your accountant—online access to payroll data with every payroll. You instantly save time, reduce errors, and increase flexibility with the General Ledger Reporting tools available though Online Employer.
Wizards guide you through a one-time set up to map your accounts to your payroll. This helps you determine how the payroll is applied to your general ledger accounting—whether you post net payroll as a lump sum or you send payroll information for each check number to individual accounts. You can even post earnings, taxes, and deductions to multiple accounts. The choice is yours!
Once you’ve set up your chart of accounts, we save your profile with your payroll information. After each payroll, we will instantly generate a file to provide electronic payroll data that you can apply directly to your general ledger. It’s so easy!
Today, Online Employer’s General Ledger reporting is available for QuickBooks users. These tools will ultimately become available for other accounting packages as well.
Benefits of Online Employer General Ledger include:
- Flexible solution to chart total net pay or each paycheck
- Distribute payroll expenses to multiple accounts and/or departments
- Improves accuracy – no double data entry
- Direct online access by your accountant or auditor
- New file received with every payroll
- No third party involvement to apply payroll data to your general ledger
