Concepts Guide

Posting of Gross Pay

Post the calculated gross pay amount after the gross pay calculation is approved.

Maconomy posts the gross pay amount for each employee, with the standard dimension derivation, so that dimensions can be derived from the employee, or the company of the employee.

Quick facts about posting:

  • Automatic posting upon approval of gross pay calculation.
  • Postings are made on the employees.
  • Posting options:
    • G/L
    • Job Cost
    • Job Cost if job specified
    • Compensation type specific posting options
  • Overall posting options on are on the compensation model
  • Posting options on compensation types take precedent over the options listed on the model

The posting principle is specified on the compensation type. Maconomy supports four posting principles:

  • None: The amount is not posted.
  • G/L: The amount is posted to the posting reference specified on the compensation type. You can specify a job number, activity number, and task name on either the compensation type or the compensation agreement. The specified values is transferred to the finance entry for information.
  • Job Cost: The amount is posted to the job, activity, and task specified on the compensation agreement. You can specify a job, an activity, or a task on the compensation type. The user must specify the missing information on the compensation agreement.
  • Job Cost if job specified: The amount is posted to the job, if a job is specified on the compensation agreement. The amount is posted on the posting reference specified on the compensation type, if no job is specified on the compensation agreement.

The offset amount can be posted to the offset posting reference on the compensation type if one has been specified. Otherwise the offset amount is posted to the offset posting reference specified on the compensation model.

Additionally, you can specify an offset company on the compensation type. Maconomy posts the offset amount on this company if a company is specified, and otherwise on the company of the employee.

Maconomy posts the offset amount to the offset posting reference specified on the compensation model, if an offset posting reference is not specified on the compensation type. Maconomy creates one offset entry for all compensation types without a compensation type-specific posting reference.