GL Updates

When timecard data is updated (PR Ledger Update), all earnings are posted to the ‘Earnings Expense’ account specified for the employee's department.

Earnings charged to jobs, equipment, or other companies will also be posted to the appropriate JC, EM, or Intercompany Payroll department accounts. Offsetting entries (credits) will be made to the ‘JC Applied Earnings’, 'EM Applied Earnings' or 'Interco Applied Earnings' accounts. Liabilities will be posted to the department’s “Burden Expense” account based on liability type. Liabilities posted to jobs, equipment, or other companies will also be posted to the appropriate JC, EM, or Intercompany Payroll accounts. Offsetting entries (credits) will be made to the 'JC Applied Burden', 'EM Applied Burden', or 'Interco Applied Burden' accounts.