Error while posting pay statements in payroll

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Posted on by Pranu

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Hi everyone,

While am posting pay statements in payroll am getting transaction voucher do not balance as per date. Actually this issue because of US Tax distribution and contribution, you can observe in below image. I have tried all setup like posting profiles, rounding and accounts. Still am unable to fix this. Even i have given same and different accounts for TAX distribution and TAX contribution. Is there any other setup that i missed (or) is there anyway to find a solution.

7510.Capture1.JPG

Thanks

Pranu

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Nagendra Varma K on at

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HI Pranu,

Two things you need to check here.

1. Check whether the payroll clearing account is setup in payroll parameters.

2.Check whether the posting definition for contribution and deduction is setup. Than validate whether from the pay statement , sub-ledger entries on the tab, to check whether the voucher is balanced or not. If it is balance than all the necessary setup is done. you can post.

Thanks

Nagendra Varma K

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Pranu 150 on at

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Hi Nagendra,

Thanks for suggestion, ya i have given all setups in payroll parameters

Let me try with 2nd point which you have mentioned.

Thank you,

Pranu

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Nagendra Varma K on at

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Hi Pranu,

Let us know about outcomes, If solution works please validate tread replies.

Thanks

Nagendra varma k

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Pranu 150 on at

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Actual issue is getting because of TAX contribution, this amount is not balancing showing difference because of this amount. can any one suggest how to avoid this taxes (or) any other alternative solution for this.

Thanks,

Pranu

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Nagendra Varma K on at

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HI Pranu,

Can you setup all the Tax codes for the specified Tax codes you are using.Have you setup the below tax setup.

also under payroll benefits setup check the contribution and deduction part and set GL accounts and also posting definition payroll should be setup.

Thanks

Nagendra Varma k

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Rakesh Jaybhaye 66 on at

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Hi Pranu,

Please let me know if the mentioned error on pay statement is resolved, because am also facing the same error and tried everything however couldn't resolve it. Thank you!

Regards,

Rakesh Jaybhaye

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Gaurangkumar Jani 4,558 User Group Leader on at

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Hi Pranay Reddy,

Did you find the solution? Please share if the issue is resolved. I am facing the same issue and configured all main accounts on TAX Code as well as a parameter, but still facing the same error.

It seems something related to Posting Definition.

Thanks,

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