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Post Info TOPIC: CSA Payments through Sage Accounts
Beanie


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CSA Payments through Sage Accounts
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Hi Everyone,

I'm still quite new to book keeping and the company I work for has just made its first payment to the CSA.  I'm not 100% sure how to deal with this.  What nominal code should I put it under?  Any help would be much appreciated!

Thanks


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Shamus


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For the self employed a payment to the CSA is drawings.

For employee's (which you seem to state that you are) as far as the books are concerned then it's part of your salary, just some goes to you and some goes direct to the CSA.

Other people may treat this differently with some opting to create a separate code for CSA payments around the salary code so that it is reported separately.

Hope that this helps,

Shaun.



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Shaun

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Wella


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Hi Beanie

Can you just clarify what CSA is and what the company you work for is.

Thanks

Bill

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Shamus


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Hi Bill,

My answer assumes that it's child support payments which is just salary but going to the CSA rather than the employee.

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Shaun

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Wella


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Darn Ewings (again)

Beanie unless there is something different we should know, go with Shauns answer

Bill


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Beanie


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Hi All,

Sorry for the confusion, my company are paying the Child Support Agency direct on behalf of an employee, so my boss has written a cheque to make this payment to them. I'm just trying to account for said cheque.

Thanks :)

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Shamus


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Hi Beanie,

sounds as though my first answer was correct.

Either put to salary or create a new code in the salary nominal code area in order to allocate the CSA payments.

So it would be something like

(cr) Bank £400 (NC 1200)
(dr) Salary £300 (NC 7000)
(dr) CSA £100 (NC next available code in the 7000 range, i.e. 7013)

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Shaun

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Beanie


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Ok, thanks for your help!  You're a lifesaver! biggrin

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littlebookkeeper


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Hi Beanie,

I take it the CSA payments are deducted from the employees wages?
Then it is a payment on behalf of the employee
If this is the case you would post the payroll journal as

DR 7000 gross wages
DR 700x employers ni
CR 2220 net wages control (balance sheet)
CR 2210 PAYE (balance sheet)
CR 2211 NI (balance sheet)
CR 2225 CSA paid (create a balance sheet code, say 2225)

Then when the CSA is paid by the employer

CR bank
DR CSA paid

this will clear out the account

Carole


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semsley


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I'd do it Carole's way that way you have a running total of what has been paid to the CSA.

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Shamus


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Yep,

agreed with Sheila and Carole.

I'm right in general principle but the detail in Carole's way is much better.


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Shaun

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AngelaWBS


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I agree with Carole and Sheila

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Beanie


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Thanks for your help everyone - much appreciated! I'm just about finished my second year of HND accounting, but they don't teach you anything about things like this!! LOL

Thanks again
Beanie

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semsley


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That's because book-keeping is different from accounting.

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Beanie


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We are taught some things about Sage: how to do invoicing etc, just not the nitty gritty stuff like this, but that's why I asked for help on here.

Thanks again for all your help guys! :)

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