Posting Classes
Form ID: (MP.PP.10.30)
On the Posting Classes form, you can group GL purposes into posting classes, which assign GL accounts and subaccounts to the GL purposes. Posting classes are assigned to employee classes on the Employee Classes (EP.20.20.00) form, so that all employees assigned to that class will have their pay items allocated as set in the Posting Class.
Form Toolbar
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Summary Area
Element | Description |
---|---|
Class ID | A unique ID code for the posting class. |
Description | Descriptive text for the posting class. |
Table
The main table shows the details of all GL purposes that have been added to the posting class.
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Table Toolbar.
Element | Description |
---|---|
GL Purpose Code | The GL purpose's ID code. |
GL Purpose Description | The GL purpose's descriptive text. |
GL Purpose Type | The type of account that the GL purpose represents: Expense or Liability. |
Liability Group | This tells the system what the GL Purpose relates to and how it should be
grouped for reporting. For those liabilities that do not have an associated pay
item, e.g. withholding tax or Workcover/ACC, the Liability Group is how the system
determines where to post journals for these liabilities. The following liability
groups are available:
|
GL Account | The GL account assigned to the GL purpose. GL accounts are set up on the Chart of Accounts (GL.20.25.00) form. |
GL Account Description | The description of the GL account assigned to the GL purpose. |
Subaccount | The subaccount assigned to the GL purpose. Subaccounts are set up on the Subaccounts (GL.20.30.00) form. |
Subaccount Description | The description of the subaccount assigned to the GL purpose. |