Can I make salary payments from multiple accounts and post corresponding journal entries to Zoho Books?
Currently, we do not support making payments from multiple bank accounts. However there is a workaround to pay your employees from different accounts and post corresponding journal entries to Zoho Books. Here’s how:
- Go to Settings > Zoho Apps > Zoho Books > Edit.
- Under Bank Account, select the bank account using which you want to make payments to your employees.
- Click Save.
- Now, go to the Pay Runs module.
- Create a pay run and once you’ve reviewed all the details, check the boxes next to the employees for whom you want to pay salaries using the first bank account.
- Make the payments and record them. A corresponding journal entry will be posted in Books for this payment.
- Again, go to Settings > Zoho Apps > Zoho Books > Edit.
- Under Bank Account, select the second bank account using which you want to make payments to your employees.
- Click Save.
- In the Pay Runs module, check the boxes next to the remaining employees for whom you want to pay using the second bank account.
- Complete the payments and record them. The journal entry posted in Zoho Books for this payment record will carry the details of the second bank account.