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When hiring an employee, fill out the 4th tab of the document.
This tab is used to store information about the details of the benefits granted within this employment contract.
This tab is used to store information about Add the details of the benefits granted within this employment contract.
In the Provision column, select the benefits applicable to this employment contract.
The Calculation Method column specifies the method of each benefit calculation. Depending on the calculation method,
the Percent/Amount column shows either the fixed amount or the percentage specified for the benefit.
The Currency column shows the currency of the benefit amount which is the accounting currency by default. If needed, you can change the currency.
The Expense GL Account column shows the expense account for recording expenses related to the benefit. The Expense Item and Business Activity
columns show the default expense item (Labor Costs) and business activity to which this benefit is related and which you can edit if needed.
These parameters are used by the Month-End Closing service for generating journal entries which register the monthly expenses associated with the benefit.
The GL Accounts column shows a liability account selected to record the accrued benefit amount.
See also: 10.3.1. Employment Contractsthe provisions in the Contract so it will be accruals every month with the salary.
To record the contract kindly check the video How to create Employment contract.
https://www.youtube.com/watch?v=IrmF_Ptaf9s&list=PLPEJAgZf2UadMM0LJ-_dQaH-jQM616P6O&index=6&pp=iAQB
When calculating the salary, the reserves will also be calculated.
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