payroll overpayment

LROS
3 Posts
User
New Zealand
LROS
User

3Posts

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payroll overpayment

I have mistakenly paid a bonus payment twice how do I correct this in MYOB payroll and account for it once reimbursed either through deductions from pay or repayment

1 REPLY
MYOB Moderator Steven_M
21,106 Posts
MYOB Moderator
New Zealand
Steven_M
MYOB Moderator

21106Posts

2354Kudos

2950Solutions

Re: payroll overpayment

Hi @LROS

 

Depending on how that bonus was paid would depend on the best course of action that I can see:

 

If you entered two separate pays i.e. the bonus and then processed another pay for the overpayment, you could restore a backup or process a negative pay to cancel out the existing pay.

 

If you have entered the one pay but it had double the amount on it, you would be looking at doing a negative amount on the next pay for that overpayment amount to deduct funds from the employee. Do note that they may be some PAYG and other implications.


Kind Regards,
Steven
MYOB Client Support
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