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Retail ADVANTAGE Point of Sale Software Online Manual Section 9.1

ADVANTAGE Point of Sale Software's Payroll system exists to pay employees, to keep a ledger of payments to each employee, to withhold taxes and other amounts properly from employees pay and to post withheld amounts to the general ledger as liabilities to be paid to government entities and others on behalf of the employee. Gross pay is made up of the net amount paid to each employee plus all withheld amounts.  

Gross payroll is posted to an Expense Payroll Account while Net Pay is a credit (-) to the bank payroll account and withholdings are liabilities of the business.  Besides payroll ledgers for each employee, the payroll system also produces various payroll reports useful in satisfying liabilities reports for tax purposes.

Retail ADVANTAGE Point of Sale Software Online Manual Section 9.1

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