UNIKBOK / Swedish bookkeeping examples / SalaryPå svenska
How to book salary in Sweden
An employee has a gross salary of SEK 1,000. Withholding tax (preliminärskatt) is 30%, i.e. SEK 300, and SEK 700 is paid out.
How to book it
Both methodsBoth methods
| Account | Account name | Debit | Credit |
|---|---|---|---|
| 7210 | Löner till tjänstemän (Salaries) | 1,000 | |
| 2710 | Personalskatt (Employee withholding tax) | 300 | |
| 1930 | Företagskonto (Business bank account) | 700 | |
| Total | 1,000 | 1,000 |
Common mistakes
- Booking the net salary as the expense. The expense is the gross salary.
The UNIKBOK accounting software has a ready-made template for salary. Take a photo of the document, and the software suggests the accounts, VAT and journal entry for you.