Deltek Vantagepoint Help

Using the Help Search
Using the Help Search
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Payroll-Related Accounts

When you process payroll, the Payroll application posts to a number of General Ledger accounts. To make these postings, the Payroll application requires that these accounts be set up in your Chart of Accounts, and associated with the Payroll application in Payroll Settings in the desktop application.

You can use default Payroll-related accounts already established in the standard Chart of Accounts, or create new accounts from Settings > General Ledger > Chart of Accounts to meet the needs of your enterprise.

Whether you use the default accounts, or create new accounts to use, you must associate these accounts with the Payroll application. To do so, use the Payroll Setup form and the Payroll Withholding Setup form.

If you change any account in your Chart of Accounts after you begin processing payroll, remember that you must also change the account on the setup form on which you specified the account. For example, if you change the Salaries Payable account in Settings > General Ledger > Chart of Accounts, you must specify this new account in the Salaries Payable Account field on the General tab of the Payroll Setup form in Settings > Payroll > General, in the desktop application.