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March 2023
March 2023
Good morning,
My question is in relation to the EOFY and payroll deductions.
Assume a deduction has been set up for, say, $50 per week, total of $500 that starts beginning June 2023.
So up until the end of June there will have been $200 deducted from the employee.
When the financial year restarts, will the deductions continue until the remaining $ 300 is deducted and then the payment stops?
Or does the deduction need to be recalculated and re-set up on July 1st ?
Regards
Wen
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