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When you do a pay run, a separate payroll transaction is recorded for each employee in the pay run. This transaction allocates each part of the pay to various expense and liability accounts.

To view this transaction, go to the Banking menu and click Transaction history. Select your wages bank account and a date range, then double-click the transaction (marked ‘Wages’) that you want to view.

example payroll transaction

When you pay your withheld PAYG to the ATO (Australia) or your withheld PAYE to the IRD (New Zealand), that spend money transaction will be automatically matched to the corresponding payroll transaction. See Payroll reports and past payslips for more information about how to use reports to find out how much you owe to the ATO or IRD.