Accrual Accounts
Written by Brandy Burch
Updated at March 20th, 2025
Accrual Accounts are where the company's Expense Accounts are defined and are only used if the corresponding compute accrual option is checked on the Company Maintenance > Basic Options > G/L tab. It is recommended that the accrual accounts be setup for the whole range of Payroll Accounts and not individual setup for each account.
| Earning’s Expense Accounts | Enter the range of expense accounts for earnings. |
|---|---|
| Use the following G/L Expense Accounts | |
| Federal & State Unemployment, Worker’s Comp & FICA |
Sub Option: N = No Sub-Account E = Sub-Account is Employee Number D = Sub-Account is Department Number A = Reallocate expense using this account Account Number - enter account number to post expense. Sub-Table attached to the Account should match the Sub-Table used under Sub Options (None/Employee/Department) |
| CGL Accrual | Rarely Used, for companies who have CGL insurance based on the Payroll dollars, accrues the Liability just like Workers comp. |
| Optional Company Costs | Coded with Expense Sub Option – used for detail codes you have setup to record company costs. The associated company cost setup must use the “U,V,W or X”. |
Liability Accounts are defined:
Federal Unemployment: Company Maintenance > Basic Options > Taxes tab
State Unemployment: Company Maintenance > Basic Options > States tab (by state)
Workers Compensation: Company Maintenance > Basic Options > States tab
Social Security/ Medicare: Company Maintenance > Basic Options > Taxes tab