Reconciling to an employees pay
The scheduled payment for an employee's pay stopped, so I had to pay two fortnights in one payment from my bank account - even though they were run separately in the payroll. Now I can match it up when reconciling in the bank feeds. How do I do that, or doesn't it matter? Can I just tick it off under reconcile accounts?
Hi MJE
Thanks for your post. You can manually tick those transactions in the Reconcile Accounts window but you would first need to hide the payment in the bank feeds window by right clicking on the transaction and selecting hide. The only thing I would be aware of though is if the actual payment was made in a different month than the pay period. As the ATO use the actual payment date to determine the month/quarter/FY that a pay falls into, it may be worth checking with your accountant to ensure you report that pay correctly.
Please let me know if you need further help.
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