Reconciling your MYOB Pay Superannuation

Hi ABIS2017

I often reconcile the PAYG and Superannuation accrual liability accounts using the bank reconciliation feature.    However can be difficult if you are taking over from someone else who may not have done this for a number of years or there maybe old prior imbalances. 

I run a payroll register summary report and payroll activity summary report and ensure they both balance to each other.   

Then I use these reports to match against the profit and loss or balance sheet.    If you are doing this weekly you could also use the G/L Detail Report on the wages, superannuation and PAYG G/L codes as well. 

If you want to reconcile salary sacrifice or superannuation you can use these reports as well as Shaz_Advatel suggested.    You can export them to excel as well as suggested in previous post. 

There is lots of ways you can reconcile in MYOB so hopefully we have pointed you in the right direction to get you started.