Payroll overpayment
Good morning,
I would like to seek advice as how to fix overpayment on final pay please.
I paid 'unused annual leave 288 hours' and 'unused long service leave 454 hours' but mistakenly also paid 'annual leave 288 hours' and 'annual leave loading 288 hours'. Please advise how to fix it. As a result, an employee gets double payment in 'annual leave hours'. I put fortnightly pay period, I am wondering how tax withheld would be affected or it can be sorted out when she does her tax return 2022-2023.
Your prompt response would be much appreciated. Thank you in advance.
Kind regards,
Ly
Good morning everyone,
Following my post above, I reversed the pay and reprocessed the correct one as advised by MYOB support team but the employee's tax accountant said the figures do not match with his end. Please find attached all files here for your reference. Please assist to find out the errors.
Thank you very much in advance for your help.
Kind regards,
Ly
Hi Ly
The FBT year spans two financial years. In that FBT screenshot you've got:
Financial year 2021/22 - 01/04/2022 - 30/06/2022 $3,666
Financial year 2022/23 - 01/07/2022 - 08/11/2022 $12,220
Total for the FBT year is $15,886
The payroll and STP reports are for this financial year only so are reporting $12,220.
Please let me know if you need further help.
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