Re: Employees, PAYE/NI

[Paddy Walker <..hidden..>]

Phil.,
	I am a farmer in Uk. with one employee. At present I have installed
ledgersmb but am migrating from QuickBooks. I calculate NI & PAYE using
an OpenOffice calc spreadsheet. I have set up an expence account Gross
Wages and liability accounts PAYE. owed and NI. owed. I then do as you
suggest and self invoice myself on behalf off of the employee for the
net amount. The splits being positive to Gross wages and negative to the
two liability accounts.
On Tue, 2008-10-14 at 11:21 +0100, Phil Ross wrote:
> This is directed at everyone who has employees to pay - especially
> UK-based users:
> 
> How are you accounting for employee salary and income tax/insurance in
> LedgerSMB?
> 
> I have tried creating each employee as an AP Vendor, and creating a
> separate ledger for Employee Salaries, but how to account for PAYE and
> employee/employer national insurance?
> 
> Any suggestions would be gratefully received..
> 
> Regards
> Phil
> 
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