Set up the Journal Entry tool
Note: Rise Payroll and the Journal Entry tool has integrations with QuickBooks Online and Xero. Review the following articles to learn more about them
Set up Journal Entry integration with QBO
Set up Journal Entry integration with Xero
If your accounting system is other than QuickBooks Online or Xero, you can still use Journal Entry to create your reports. There are no restrictions or limitations on which accounting software your team uses.
Here’s how to get started:
- In Rise Payroll, go to Journal Entry and click Get Started
- Select the option “or, run journal entry reports without an integration” and click next
Import your chart of accounts
- Download the .csv template
In the download file, include all the accounts and keep column names as the template. Keep in mind columns can’t be added.
Once you have all the accounts, save the file as .csv and import into the Journal Entry tool.
- The next step is to select the main credit account. This will make the mapping of payroll instructions and service charges to accounts a lot easier.
Finally, select Start mapping!
On the next page, all the payroll instructions and service charges are displayed, and this is where the mapping happens.
It’s up to each organization to determine what should be tracked and mapped. Our recommendation is to review what charges are included as part of your Rise Payroll services.
To learn more about how to map your payroll instructions, review this article.
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