Phase 6: Payroll
- 29 May 2024
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Phase 6: Payroll
- Updated on 29 May 2024
- 1 Minute to read
- Print
- DarkLight
- PDF
Article summary
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This phase focuses on how to record payroll in R365 and accurately report Labor on your Profit and Loss.
Phase Goals
Payroll JE has been created
Payroll Accruals have been reversed
Payroll banking transactions have been recorded and reconciled
Timeline: 1-2 weeks
Advanced Topics
Payroll Liabilities
Labor Punch Export (if available)
What to prepare for next?
Wrapping up Bank Reconciliation
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