How to Check and Update Your Payroll Expense Accounts

What you need to know: 

Payroll expense accounts track how payroll-related costs, including wages, salaries, CPP, EI, and other employer expenses are recorded.  Regularly reviewing these accounts helps ensure payroll transactions are posted correctly and supports accurate financial reporting.  

What you need to do: 

• Confirm that the payroll-related accounts in your chart of accounts are active and correctly categorized. 

How to (Step by Step): 

1. Click Payroll. 

2. Select Employees. 

3. Click Settings. 

4. Select a Payroll type: 

   a) Benefits 

   b) Deductions 

   c) Pay types 

   d) Remittance types 

5. Under each Payroll type there will be a list of items to choose from. Select an item to view more details. 

   Note: You can view and change the expense account within each item using the drop-down menu.  

6. Click Save. 

References and Additional Resources 

• How To Add a New Account or Group 

• How To View and Modify Your Account Details 

Still have questions? Contact support  

Contact us at 1-800-667-7893 or email support@fccagexpert.ca if you require additional support. You can find other help options under the Question Mark Icon in the top right of AgExpert Accounting at any time.