After you have gone through the steps to connect Xero to Talenox, you may be figuring out on how to match the correct Export Grouping in Talenox to your Xero Chart of Accounts before proceeding to export your payments to Xero.
There are a few ways that you can map to Xero Bills section (which is expense). Here are the different ways:
Simplified method:
Gross Salary
CPF Employer Contribution
CPF Skills Development Levy
Common method:
Net Salary
CPF Employee Contribution
CPF Employer Contribution
CPF Employee Donation
CPF Skills Development Levy
Further-breakdown method:
Net Salary after Pay Items Deduction
Director Net Salary after Pay Items Deduction
CPF Employee Contribution
CPF Employer Contribution
CPF Employee Donation
CPF Skills Development Levy
Bonus Employee
Bonus Director
Reimbursements
Reimbursements Director
Commission
Commission Director
Director’s Fee
CPF Foreign Worker Levy (FWL)