Defaults for general ledger accounts

HR Talent requires that you define these four general ledger accounts when you set up a company:

• Clearing account
• Noncash account
• Wage expense account
• Company-paid deduction expense account

Three of these accounts – the expense account, clearing account and noncash account – can be overridden on different forms in HR Talent. The expense account can be the default for wage expenses or company paid deduction expenses. You can also define the deduction accrual company and accounting unit.