You may want to record your outgoing wages in coreplus to help with reporting at the end of the financial year or just to keep track if you aren't using a 3rd party accounting software.
To add wages in coreplus follow the below steps:
1. Navigate to Dashboard
2. Scroll to Data > Purchases
3. Click on Add Purchase
4. Tick Wages
4. Fill in the details of the wage (fields explained below)
5. Click Save when finished
Period start: The start of the payment cycle date
Period end: The end of the payment cycle date
Date Banked: The date the payment was banked
Employee: The employee receiving the wage
Item: What you wish to call the transaction (Weekly wage etc)
Cheque/Transaction Num: The cheque or transaction number if applicable
Total for Period: The total amount paid
Super: Total amount of super paid if applicable
Pre Tax Pay: Amount paid before tax if applicable
Tax: The amount of tax paid if applicable
HELP: Higher Education Loan Program - If there is any HELP/HECS debt deducted from the payment
Bank: What bank is used
Payment Method: What payment method was used
See similar articles relating to adding wages:
Please let us know if you have any questions and don't forget to rate this help article below so that we can continue to improve our support to you!