BrightPay recently announced that new journal integrations were added to the payroll software. These integrations allow customers of AccountsIQ, Quickbooks Online, Sage Business Cloud Accounting, and Xero to send their payroll journal directly from BrightPay to their accounting software at the click of a button. In BrightPay, your payroll journal file is customised to the individual accounting software provider, with compatible files and built-in nominal ledger mapping. Using the integrated system means you can save time, reduce mistakes, and improve your payroll workflow.
An integrated accounting and payroll system can simplify how you work and allows you to have the best of both worlds. You can have your payroll software with its easy-to-use interface and full functionality without having to spend unnecessary time exporting payroll data to your accounting software. With the journal API (Application Programme Interface) integrations you can:
If you are responsible for carrying out payroll duties and sending this data to your accounting package each pay period, you are familiar with the amount of time it can take. By using the API you can significantly reduce the amount of time you spend on this task. Instead of exporting and importing the figures manually, the payroll journal is sent directly to your accounting software and the figures are automatically added to the general ledger.
Reduce costly mistakes:
Double entry of figures can result in costly mistakes that end up taking time to identify and correct. The API integration means that this data is transferred straight from BrightPay payroll software directly to the journal, avoiding any chance of errors occurring.
The purpose of an API integration is to allow two systems to communicate with one another in order to improve business processes and enhance productivity. With the payroll journal integration you can benefit from a quicker and more efficient workflow. The payroll information can be set up to be sent to the relevant ledgers. For example, you can post wages and salaries cost from the payroll to the nominal ledger account in your accounting software called ‘Wages and Salaries’. If you want to create any exceptions to this, you can. For example, you can separate out the costs of directors’ salaries to be mapped into a separate nominal account.
The set-up of the API for the different accounting software is very similar. Using the API for AccountsIQ as an example: