Despite having a payroll company, you may still want to keep a record of your periodic pay runs so that your file is complete:
- Create a new journal entry that will represent this pay run cycle – This is a bulk entry for all employees. Each item in the journal entry will represent cashflow for a bank account or the amount to allocate against an account.
- Save the transaction.
- When you do the next pay run, find the previous Pay Runs journal entry and duplicate it.
- Modify the pay item amounts for any differences.
- Save and close.




