The Payroll module would be enhanced if it included a GL accrual for PTO to include associated labor burden costs. The payroll module includes an accrual for vacation hours but not for the associated labor cost. If an enhancement is made for a GL accrual of vacation costs, then options to accrual for other paid time off, such as sick days and holidays should be easy as well. Ideally, this GL accrual would not be for the employees gross pay, but for the total payroll cost incurred by the employer to include all associated labor burden costs.
by: James C. | over a year ago | Payroll
Comments
I agree. If a man works at the office replacing lights, I want to be able to enter his hours into a g/l number for building maintenance. This would calculate all the costs to that g/l number.
I am in complete agreement. I am totally shocked that the program does not create the the actual expense for the vacation earned and liability in the general ledger for the vacation. That's basic accounting 101. I think it's absurd that this functionality does not exist and requires a work around.
I can't believe Sage Contractors doesn't have this availability. A whole vacation, holiday, and sick pay should be possible to accrue and pay out automatically through payroll. LET'S MAKE THIS HAPPEN! It can't be that hard. Similar to an IRA, but tied to the hourly accrual for employees!