Record PAYE
Please note that this process is also covered by the Easy Steps component.
Make 3 entries in Transfer Transactions. The first, for the total paid to employees, will be From Bank To Employee Wages Account.
![Accounting Software Business PAYE 1](images/baz_news24_im1.gif)
The second, for the Tax and NIC’s paid to HMRC, will be From Bills Unpaid To Employee Tax/NIC Account.
![Accounting Software Business PAYE 2](images/baz_news24_im2.gif)
Then a third entry is entered when the payment is made to HMRC and is entered as From Bank To Bills Unpaid.
![Accounting Software Business PAYE 3](images/baz_news24_im3.gif)
You can make as many of the first entry as you requried to cover each employee individually, or consolidate into a single transaction per payday.