About Journal entry in Payroll

About Journal entry in Payroll

We want to simplify the process of maintaining accurate financial records for Canadian accountants, bookkeepers, and small businesses. Access custom payroll reports and invoices from one place, sync all of your payroll data to QuickBooks Online, and of course manage all of your HR, payroll, and benefits within one fully integrated platform that ties it all together.

With Journal entry, you can create journal entries from Rise Payroll to QuickBooks Online or Xero by mapping payroll instructions with your chart of accounts. 

Setting up is really easy, we always recommend involving your organization's payroll administrators, accountants, and bookkeepers in the process, as they are more familiar with the chart of accounts and money movements.  To make the setup process even smoother, we recommend becoming familiar with your Rise Payroll account, including all payroll instructions and service charges. 

The setup consists of three simple steps: 
1. Connect Rise to your QuickBooks Online account or to your Xero account. 
2. Map your payroll instructions and service charges with your chart of accounts 
3. Run report and send to your account system. 

Once the setup is done, you can run a report and send it to your accounting system any time you want, for example at end of the month or after every pay run. 

Get ready to start and if you have any questions please reach out to our support team. 





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