Integration with the finance module
There is a close integration between the payroll and finance modules. Payroll results are posted directly to the finance module to respective general ledgers. Symbolic accounts serve as an integration point between the payroll and finance modules. We will explore the configuration steps required to post payroll results to the finance module. There are configurations required for activities in the HR system and finance system.
Activities in the HR system
The determination of accounts while posting to the finance module is broken down into the following two steps:
- On the payroll side, the symbolic account is mapped to the wage type
- On the finance side, the symbolic account is mapped with the general ledger
The grouping ...
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