THE MOST COMMON TYPES OF PAYMENTS TO DIRECTORS ARE THE PAYMENTS OF DIRECTORS REMUNERATION, I.E. DIRECTORS SALARY.
TO RECORD DIRECTORS' SALARY PAYMENTS:
BANK > PAYMENTS
Payments from
Select the bank account from the drop down list from which the payment was made (bottom right hand corner of entry screen). It is important that you ensure you are working from the correct bank account at the start.
Reference
This is the cheque number or the bank statement reference in the case of Direct Debits/Standing Orders
Date
Date as written on the actual cheque or in the case of Direct Debits/ Standing Orders the date of transaction per the bank statement
Supplier/Payee
Select a Payee from the existing list (F2) or type the first letter of the Payee name, use arrow down key to scroll through the existing Payee names.
To setup a new Payee simply type the new Payee name. The program will recognise the new name does not already exist and prompt you to specify if it is a new “Supplier” or “Other”, select “Other” to add the new name to the Payee list.
In this case it would be advisable to set up the Directors Name as the Payee.
Nominal Account
Select the Nominal Accounts "DIRECTORS REMUNERATION"
Amount
Enter the amount per the cheque or per bank statement in the case of Direct Debits/ Standing Orders paid to the Director.
At Bright, we’ve been working hard to improve the customer experience and make it easier to renew your Payroll Manager licence each year.
With this goal in mind, we recently changed how software licences are purchased.
Going forward, you will need a Bright ID to purchase Payroll Manager.
If you are a Thesaurus Connect user, you already have a Bright ID – just use the same email address and password that you use for Connect.
Check out our video tutorial or help documentation which takes you through the ordering process step-by-step. If you have any difficulties, or have typically paid for your Payroll Manager licence by cheque or other means, please contact billing@brightsg.com.
