Journal Entries
Migrating from your existing Journal Entry tool to the QuickBooks Online or Xero Journal Entry integration
You can connect your journal entry tool to a new payroll system to sync payroll data while keeping your previous accounts. Rise supports QuickBooks Online and Xero. Connect your accounting software 1. Open Journal Entry Go to Payroll > Journal Entry. ...
Implement percentage allocation in Journal Entry
Rise Journal Entry supports allocating payroll costs by percentage across accounts. This is useful when employees work across multiple cost centres or business units. You can set fixed percentage splits at three levels: debit account default ...
Mapping your payroll instructions with your chart of accounts
Once you have set up Journal Entry and uploaded your chart of accounts, you can proceed with the mapping of the payroll instructions to your accounts. On the main mapping page, there’s a list of payroll instructions and service charges. These include ...
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 ...
Tracking Categories / Classes
Set up tracking categories for Journal entries when integrating with Xero Note: before you begin setting up tracking categories, we recommend involving your organization’s payroll administrators, accountants, and bookkeepers in the process. To assign ...
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 ...
Journal entry solution (Quickbooks Online integration) FAQs
1. What is the accounting integration? You can create journal entries from Rise Payroll by mapping payroll instructions with your chart of accounts from your accounting system, Quickbooks Online. The integration allows you to effortlessly map journal ...
Mapping your payroll instructions with your chart of accounts from Xero or Quickbooks
Note: To connect your Rise Payroll account to Xero or Quickbooks you should submit a support ticket to give you access to our Journal entry solution. Once you have set the connection to your Xero or Quickbooks online account and have selected a main ...
Disconnect your Journal entry solution from Xero
1. To disconnect your Rise Payroll account from Xero, go to your upper right corner of your Xero account. Go to Manage app connection. Rise People should be listed among the applications connected to your Xero account. 2. Click Disconnect. Once ...
Set up the journal entry solution and connect with QuickBooks Online
With the Rise journal entry solution, you can create journal entries from Rise Payroll to QuickBooks Online by mapping payroll instructions with your chart of accounts from QuickBooks Online. Before you begin setting up the accounting integration ...
Set up department and employee mappings for Journal Entry
While some organizations might have simple requirements for payroll accounting, others may need to track funds at a detailed level. To accomplish this, the Rise Journal Entry solution allows organizations to track funds at a department or employee ...
Troubleshooting journal entries (Xero or Quickbooks Online integration)
The Rise Journal Entry solution uses a balance-checking feature so you can be sure that your journal entry is accurate without doing the calculations yourself. This feature ensures that the total amount coming from your clearing account matches the ...
Journal entry solution (Xero integration) FAQs
1. What is the accounting integration? You can create journal entries from Rise Payroll by mapping payroll instructions with your chart of accounts from your accounting system, Xero. The integration allows you to effortlessly map journal entry items ...