Overview

The Employee Sale transaction is used to record sales to employees. These transactions upload to the host system as a transaction entry in the Financial module and an arrears transaction entry in the HR & Payroll module. By allowing the user to record sales to employees, these transactions create payroll deductions.

...

• One debit line showing the summarized amounts for the employee “Accounts Receivable” account. The GL Account comes from the employee’s “Accounts Receivable” account in the host system.

• One credit line showing the summarized amounts for each unique “Sale Account” on the transaction.

Journal entries for negative sales line items (Returns)

• One debit line showing the summarized amounts for each unique “Sale Account” on the transaction.
• One credit line showing the summarized amounts for the employee “Accounts Receivable” account. The GL Account comes from the employee’s “Accounts Receivable” account in the host system.

...

In addition, an Arrears Transaction Entry will be posted in the host system’s HR & Payroll module under the employee for each transaction line item.

Arrears transactions for positive sale line items

• One arrears deduction for each sale line item under the “Payroll Deduction Code” specified on the transaction line item.

Arrears transactions for negative sale line items (Returns)

• One negative arrears deduction for each return line item under the “Payroll Deduction Code” specified on the transaction line item.

...