EOY Payroll not balancing to ATO.
I have balanced my EOY Payroll to the Reports available thru MYOB and back to my General Ledger. I have also double checked Bank to make sure all is in order.
However, when I run the new report thing per the ATO my figures do not match.
I have isolated the one employee who is causing the grief. Stangely, the figure that is on the ATO Report is LESS than what is on my Payroll Reports thru MYOB.
This person is terminated but I cannot see the WHY the reduction in the final ATO figure. I have NOT run an adjusted Payroll for him and can account for the 5 pay runs that I did before her was terminated - which matches the Bank Rec and when I look at each individual 'Report to the ATO' for the five weeks that I paid him, the accumulated figure tallies at the end of the 5th week with my MYOB Reports but somewhere it has reduced at the end of the year
Any ideas?
Hello Chris_Hartigan
In trying to narrow down why you are experiencing this imbalance, I would first suggest following the same steps outlined to Jane.
As you have indicated, your MYOB reports reconcile (Payroll Activity and Payroll Register summaries). Generally, when these reports are correct but YTD reports don't match, it suggests that the problem lies within incorrectly assigned ATO reporting categories or PAYG witholding errors. I understand that you believe these to be correctly attributed, as your other employees are reconciling accurately. However, please double check, as something could have been changed by accident during the year, resulting in a discrepancy down the line.
Then, if you haven't already, try a $0 pay for your terminated employee (instructions here). You will need to change their status to active in the system, run the $0 pay, and change to inactive again. This could fix what may be a fluke somewhere that we can't identify.
If things still don't reconcile, could you please attach some screenshots of your reports: Payroll Activity, Payroll Register, and YTD Verification Report. This will shed some light on your issue and assist me in further investigation.
