Book Payroll

Explanation

This activity is used to book a payroll for accounting and financial reporting purposes. Booking the payroll ensure that all employee salary information is translated into accounting elements which can be further processed in the application.

Prerequisites

In order to perform this activity, a payroll is required to be with the Postings prepared status.

System Effects

• The payroll posting details are transferred for accounting and finance and therefore can no longer be accessed or modified in IFS/Payroll.
• The booking pack is created for accounting purposes.

Window

Payroll

Related Window Descriptions

Payroll

Procedure

1. Open the Payroll window and find a payroll which you want to book.
2. Make sure all postings for the payroll are correct as the booking process is irreversible.
3. Right-click and click Book Payroll List.