Payroll payment errors
Hi there,
I have some issue in my yearly reporting with wages account.
it is showing double in my ledger reporting.
I usually create pay run through my myob payrun and manually transfer wages to employees. My electronics payment doesn't work as I did not activated that. But it seems that MYOB Business is automatically set up for electronic payments. I thought I had rectified this in Bank Linking but there are still two payments "Electronic" and "Spend Money"
All employees are payments are set up as cheque.
What I am doing wrong in this and how can I fix it?
How do I clear the Electronic Payment account?
Hi, FionaB
Thanks for your response.
In addition to the information that Celia_B provided, if you used Spend Money to record the transactions of the pay run processed, you may need to delete those transactions first so they will not double up during reconciliation. If you did not use Spend Money, you can go directly to Banking > Prepare electronic payments window > Payment type is Pay Employees, and then choose the correct Transactions from and Transactions to date as well as the Account. Once the payroll transactions are showing up, you will need to tick the transactions and then click on Download bank file. This will allow you to clear the prepare electronic payments window. You may also check The Help Articles: Spend money and Making electronic payments for further information.
Please let us know if you require any further assistance with this. We are happy to assist.
Best regards,
Doreen