Discussions
Check out Oracle NetSuite upcoming events and conferences here
Now is the time to ask your NetSuite-savvy friends and colleagues to join the NetSuite Support Community! Refer now! Click here to watch and learn more!
Update your Profile with your Support type to get your Support Type badge.
The suite has never been a more powerful idea than it is now. That’s why this year for SuiteWorld we’re saying SuiteUP!
SuiteWorld is the largest annual gathering of the NetSuite community. Join us in Las Vegas and virtually, October 16-19, 2023. See you there!
SuiteWorld is the largest annual gathering of the NetSuite community. Join us in Las Vegas and virtually, October 16-19, 2023. See you there!
Expand your NetSuite knowledge by joining our Ask A Guru Live sessions. RSVP on this event now.
GL Accounts - Payroll - Transaction Detail
Hello,
We currently use NetSuite Payroll.
Payroll Items in NetSuite allow one primary account for mapping. So, every time payroll processes, the paycheck transaction line detail is applied to that specific account.
After each payroll run, our finance team spends 10-20 hours per month creating many journal entries to move wages, salaries, and other expenses into the various payroll GL accounts. We use four different Payroll GL accounts to break out payroll expenses and liabilities. After the JE are entered, we can't view the transaction detail on these GL accounts.
the account hierarchy looks something like this
- XXXX Administrative - Expense
0