When you create or post a payroll in Holded, you enter the employee's Social Security amounts. Thanks to this, as the pay slips are issued, these amounts are accumulated in the Social Security accounting account.
Therefore, after receiving the amount to be paid, it is necessary to reconcile the payments and post the Social Insurance Tax payment through a journal entry. To do this, you have to:
Go to the Journal, from the Accounting section.
Click on New Entry.
Select Payment in the journal entry type and choose the date.
Select the Banks account (No. 572) and complete the description of the entry, indicating the amount in the credit column.
Select the account Social Security Organisations, Creditors (No. 476) and complete the description of the entry, indicating the amount in the debit column.
Click on Save.
Finally, remember that from the Banks section, you can create rules to reconcile your most frequent movements automatically. Discover everything you can do in the Reconcile section.