G/L Accounts

[Former Member]

Hi Gurus

I want to know in brief about G/L accounts.

How G/L accounts will usefull in Payroll process? and is it integrate with any other modules such as Compensation or any cost centres? can any body tell me?

[Former Member · Accepted solution]

Hi,

Wagetypes in Payroll are integrated with G/L Accounts in FI. Symbolic accounts link the wagetypes to G/L accounts. Wagetypes are assigned a symbolic a/c and then symbolic a/c is assigned G/L account to link Payroll and FI.

To see this configuration go to Payroll India -> Reporting for Posting Payroll results to accounting -> Activities in HR system and activities in AC system.

At the time of posting to accounting of payroll, the G/L accounts in FI are hit and debit/ credit takes place according to configuration maintained above.

Regards,

Kanupriya