The Costing Report can be printed for the current selected pay group and current selected pay date, or for all pay groups over a specified date range. Where a date range is specified, the report will include all pay dates within the specified dates.
The report lists pay items and net pays in a journal layout, with payments listed as debits and deductions and net pays shown as credits. Items are grouped into sub totals by cost code and within that grouped into sub totals by expense code.
Normally, all pay items are grouped by the cost centre specified either in the pay item set up screen, or, it not set there, by the payee's cost centre. You have the option to apportion all net pay, deductions and benefits by the proportion of hours for allocated to each cost centre for ordinary pay items. This has the effect of creating balanced journals for each cost centre.
The report defaults to the current pay period for the current selected pay group. You can select a predefined report period, such as 'last month' or 'current tax year', or select 'custom date' and then select the start and end dates of the reporting period.
You can also create a file of general ledger transactions to import into your accounting system. Check the 'create general ledger file' box to create the general ledger journal file. The file can be detailed down to pay item level, or summarised to a total for each general ledger account. Check 'totals only (file)' to create the general ledger journal file with a transaction for each total.
See General Ledger Export for more details about creating general ledger journal files.
You can direct the print output to a printer, a preview window, or a file in one of several different formats. Click here for more details.