Overpayment of Annual Leave
- 10 months ago
Hi MResi
Thank you for providing the details of the overpayment situation, and I'd like to welcome you to the Community forum.
When entering the negative pay run, you should use negative figures to reverse the previous positive amounts. For example:
- If the original pay run had deductions of $600, in the negative pay run, enter deductions as -$600.
- Similarly, for Super and PAYG, enter the negative figures corresponding to the amounts that were originally paid.
This way, the negative pay run will offset the overpayment, and the corrected amounts will be reflected on the end-of-year payment summary. For further information, kindly refer to this Help article, Fixing a payroll overpayment or underpayment.
However, it would be best to speak to the ATO or the accountant about how to handle this situation to ensure accurate reporting.
If there’s anything else I can assist you with, please feel free to reach out.
If my response has answered your question, please click on "Accept as Solution" to help other users find this information.
Cheers,
Princess