Hi all - I'm hoping someone can help as I'm getting all confused with the journal entries for SSP. I've got a director on long-term sick. How do I post the journals on Sage? Also when it comes to payment, how do I post it?
Here is the senario:
Gross Wages - £210.81 PAYE - £73.40 Employee NIC - £23.19 Employer NIC - £26.98 SSP - £110.81 Net Pay - £114.22
I believe the journal entry should be as follows but again I'm not sure. Have I posted it to the right nominal codes? Please help! thank you!