Hi there,
I recently experienced an issue where my payroll was entered correctly, but the payroll officer made erroneous take home bank transfers to the staff. As soon as she realised her mistake,...
Hi CloverQ
I deleted the pay run, changed the bank account to the 'payroll clearing bank account', did the payrun.
From there I tried doing a transfer from savings to 'payroll clearing' but it will only match on exact amount.
I tried to transfer the money directly to the 'payroll clearing account' as you have suggested, but as I end up with 3 amounts, I cannot reconcile my payroll amount. Hence back to the original problem.
I then tried to do a transfer from payroll clearing account to payroll clearing account, which would record the total amount for reconciling the payroll and have no effect on the account balances, but MYOB does not allow a transfer from account to the same account.
I then did 3 transfers of money from savings to petty cash and one transfer from petty cash to payroll clearing account. That worked. Everything reconciled nicely.
I wasn't happy with the transactions going through the petty cash, so I deleted it all out and created 3 transfers from savings to the payroll clearing account. I then did a GL from payroll clearing account to same account in order to have the amount for the payroll to reconcile. This didn't work. So I deleted it all and went back the petty cash method, but this time the payroll wouldn't reconcile.
Getting frustrated and spending an enourmous amount of time on this.
Right now I have 3 transfers from savings to payroll clearing account and the payroll amount on the payroll clearing account, but unreconciled.