Got an appetite for accounting?
PayMaster HCM is the crucial ingredient for your GL.
Updated on Jun 21, 2018 at 03:30 PM
General Ledger
Payroll is done and now, it's time to see its impact on your business as a whole. In other words, it's time to formulate your payroll data into a journal entry.
While it's surely possible to use standard payroll reporting and build a general ledger report on your own, to do so would be a lengthy, cumbersome and error prone procedure. Join PayMaster, use PayMaster HCM and get one with a click, formatted perfectly using all of the accounts from your accounting system. Better yet, let us know which system you use and we'll produce a report that can be imported into it.
"While it's surely possible to use standard payroll reporting and build a general ledger report on your own, to do so would be a lengthy, cumbersome and error prone procedure. Join PayMaster, use PayMaster HCM and get one with a click, formatted perfectly using all of the accounts from your accounting system."
Our general ledger reporting is ready for anything. It's fully customizable and extendable to any level of your data. Go from a summary to cost center to employee detail in a flick of the wrist. If you need an accrual entry, we can support that too. Use our accrual multipliers to either estimate the entry in its entirety or break out a separate accrual amount. When you're done, export it in any format you'd like including the potential for using a format that will enable you to import your GL information into your accounting system rather than key it in.
- Fully customizable general ledger reports that are capable of being exported to several different formats.
- Easily generate accrued general ledger reports that can be estimated against all accounts or post your variance to a separate account.
- Transition any general ledger report from a compact summary version to comprehensive detailed one (and back) in a flash.
- Export your general ledger data in a format determined by your accounting system and import it. No more keying!