UK Payroll - Allocate Employers NIC cost to more than one account
A number of my client are service businesses and as such all of the payroll costs should be posted either to a Cost of Sale account for Operational staff or Overhead for support staff. I can achieve this for all costs except for Employer NIC cost, which has to be manually moved. It would be beneficial if the NIC could go to an NIC GL dependent upon the type of basic pay chosen.
Richard Nichol
shared this idea
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Ian JARVIS
commented
Will save lots of manual correcting journals.
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Clare Wilson
commented
We are just about to start using Xero Payroll, and currently with our manual payroll journal we split all Director costs out from everyone else, but will not be able to do so with the automatic journal in relation to Directors NI - is it possible to review this request, as it would save us having to manually amend the automatic journal, or create another one to reallocate their costs?
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Ian JARVIS
commented
There is currently only one default setting for NI contributions to be made to. It is though necessary to separate out employee and director costs. Even direct employees and overhead categorised employees. Other pay items allow postings to different ledger accounts but not NI deductions. Would just save a lot of manual journal posting to correct payroll run postings.