How to configure, set up and process accounting links

The Accounting Link feature allows you to generate payroll accounting entries for integration into your accounting system.

Follow the steps below to configure, set up and process accounting links in Sicorax HRMS.

Complete the following configurations before setting up the accounting links:

• Configure the GL Company and GL Transfer Type (one-off configuration).

• Set Payments and Deductions to “Transferred to GL” (one-off configuration).

Accounting links can be created or added using either of the following methods, depending on your requirements:

• Import Accounting Links Using the Excel Template — Use this method for the initial setup or when adding multiple accounting link entries in bulk, such as when a new Department/Sub-Department is created and the accounting link configuration is already in place. Complete and import the Excel template by Department/Sub-Department or by Employee.

• Manually Add Accounting Links — Use this method when only a few accounting link entries need to be added. Entries can be inserted directly in Sicorax HRMS by Department/Sub-Department, by Employee, or by Payment Mode, as applicable.

After each monthly payroll closure, perform the following steps:

• Generate Accounting Link Entries.

• Resolve Accounting Link Anomalies — Review and correct any anomalies preventing the accounting entries from being generated correctly. Regenerate the entries if required.

• Export Accounting Link Entries — Once the entries have been generated successfully and all anomalies have been resolved, export them for integration into your accounting system.