Payroll Journal Summary
The Payroll Journal in Zoho Payroll serves as a comprehensive record of financial transactions related to payroll processing. It captures essential details for a specified period, offering insights into the financial aspects of employee compensation.
Columns in Payroll Journal
Column | Description |
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Payroll Journal | This column entails a concise description of the payroll transactions, highlighting the nature of each entry. It allows users to understand the purpose quickly and context of each financial transaction. |
Debit | The Debit column records the amounts deducted or withdrawn from the company’s accounts during payroll processing. |
Credit | The Credit column documents the amounts added or credited to the company’s accounts during payroll processing. |