Hi Wendy2018
This is simply MYOB's terminology to advise this is a zero cheque, which it is, so yes you do want to 'void the cheque'. Process and report as per normal.
Regards
Gavin
Hi Wendy2018
Thanks for your post.
When entering salary sacrifice, that depends if the salary sacrifice will go to employee purchases or salary sacrifice for superannuation. Kindly check The Help Article Set up salary sacrifice superannuation and Salary sacrificing.
Please let me know if you need further assistance.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
Best regards,
Doreen
Hi Doreen,
Could i get some further help please as this doesn't really answer my query. The Salary Sacrifice has been paid direct to his external Super co.
this employee has a BONUS of 16,000.00 so I enter thus as Bonus which is an expense account-Wages
then I'm entering a negative -$16,000.00 to the Salary Sacrifice liability account - Superannuation Payable.
So the net Pay is $0
Then I get a message asking "Do you want to Void this Cheque"
Am I entering this correctly? as I don't want to record it and send to ATO unless it's correct.
Thank you
Wendy
Hi Wendy2018
This is simply MYOB's terminology to advise this is a zero cheque, which it is, so yes you do want to 'void the cheque'. Process and report as per normal.
Regards
Gavin
Many thanks Gavin for your quick reply.
