Entry Date
2026-06-30
Fiscal Period
2026-06
Currency
PHP
Source
PAYROLL
Posted At
2026-06-30 00:00:00
Journal Lines
| # | Account | Description | DR/CR | Amount (PHP) |
|---|---|---|---|---|
| 1 | Staff Cost:Payroll Expenses 6010 | Payroll Expenses (wages incl OT/holiday) | DEBIT | ₱165,354.08 |
| 2 | De minimis:Transportation Allowance 7010 | Transportation Allowance | DEBIT | ₱5,250.00 |
| 3 | SSS Premium Payable 2050 | SSS Premium Payable (EE) | CREDIT | ₱9,675.00 |
| 4 | PHIC Payable 2090 | PHIC Payable (EE) | CREDIT | ₱4,830.21 |
| 5 | HDMF Premium Payable 2070 | HDMF Premium Payable (EE) | CREDIT | ₱2,800.00 |
| 6 | Accounts Payable - SPS Cooperative Payable 2030 | SPS Cooperative Payable | CREDIT | ₱45,702.84 |
| 7 | Established Funds:Cash Advance Fund 1160 | Cash Advance recovery | CREDIT | ₱1,000.00 |
| 8 | Salaries & Wages Payable 2100 | Salaries & Wages Payable (net pay) | CREDIT | ₱106,596.03 |
| TOTAL | DR: ₱170,604.08 CR: ₱170,604.08 | |||
General Ledger Impact
| Account | Movement | Amount | Running Balance | Posted At |
|---|---|---|---|---|
Staff Cost:Payroll Expenses 6010 | DEBIT | ₱165,354.08 | ₱165,354.08 | 2026-06-30 00:00:00 |
De minimis:Transportation Allowance 7010 | DEBIT | ₱5,250.00 | ₱5,250.00 | 2026-06-30 00:00:00 |
SSS Premium Payable 2050 | CREDIT | ₱9,675.00 | ₱9,675.00 | 2026-06-30 00:00:00 |
PHIC Payable 2090 | CREDIT | ₱4,830.21 | ₱4,830.21 | 2026-06-30 00:00:00 |
HDMF Premium Payable 2070 | CREDIT | ₱2,800.00 | ₱2,800.00 | 2026-06-30 00:00:00 |
Accounts Payable - SPS Cooperative Payable 2030 | CREDIT | ₱45,702.84 | ₱45,702.84 | 2026-06-30 00:00:00 |
Established Funds:Cash Advance Fund 1160 | CREDIT | ₱1,000.00 | ₱-1,000.00 | 2026-06-30 00:00:00 |
Salaries & Wages Payable 2100 | CREDIT | ₱106,596.03 | ₱106,596.03 | 2026-06-30 00:00:00 |