Hello:

 I am in the process of re-organizing the Chart of Accounts as the previous person randomly listed expenses, etc.  Unfortunately, we only have the basic version of Simply Accounting (and our new fiscal year has just started) so I've had to set up new accounts and transfer amounts from old accounts.  I have 2 payroll amounts which are linked to the old account.  How can I move these amounts into the new payroll linked accounts?

Thanks

Irene 

 Thank you.  This solves my problem.

Irene 

How to I setup a linked account (Payroll module) for Income to debit a liability account (Bonus Payable) instead of a Wage expense account?

Hi there:  You would have to make the Bonus Payable account a linked account in the Payroll.  You would also have to go to the particular employee record window and change the option for that employee from Wages (expense) to the Bonus Payable.   Then you would have to remember to go back and change that to the Wages expense account again when you are done with the entry.   I would also double check the journal entry to make sure it is doing what you want it to do before posting it.

Another alternative (easier) is to just do the entry in payroll as you normally would debiting to the Wages expense account.  Then go to the General Journal and do a journal entry to reallocate the amount.   The entry would be a Debit to Bonus Payable and a Credit to the Wages expense account.  Use the same date as the date of the payroll entry. In the description line type in what you are doing.   Problem solved.       Rita Deering