Post Payroll Transactions Based on Date Worked

Hello ​@tdawson 

I believe that the transaction date is the driver for the paycheck per the government; having said that, what you can do is at the end of the month create a reversing entry to accrue the portion of the payroll to the correct month. That is what we do here and we also do payroll on a biweekly basis.

I went in and upvoted.  Looks like it’s 3 years in the making, so that’s unfortunate, but I’m happy to lend my support either way!

This is a good idea; however, with the significant number of entries to projects, it creates an extraordinarily large number of additional transaction lines, and it frustrates the Project Managers to see all of these debits and credits.  That being said, I do recall being told something about an adjustment period that I may be able to use to achieve this, so I’m going to look more into that.  

In every other system I’ve worked in, the transactions get posted to a payroll clearing account upon entry and are then cleared out through the cash account on the pay date.  This allows for accruals to be recorded in the correct month.  Having it come straight out of the cash account through the payroll posting is a strange accounting practice, but maybe that’s typical in the US, whereas I’m in Canada.