Reconciling payroll for the financial year

Question

On reconciling for the last financial year, I found a pay (only for myself) that I'd downloaded the bank file for, but hadn't actually processed with the bank.  This is dated back in June.  I can't use this bank file as dates are now wrong, what is the best way to get around this?  Do I reverse the pay even though I've paid the super for this period?  The new pay will be in the next financial year.

Doreen_P · Accepted Answer

Hi @kellycarter,

I can see why that would be a bit of a pain to sort out at year end. Since that pay is already part of a super payment, it can’t be reversed. In this case, the best option is to make a manual bank transfer for the June employee payment instead, so you can record it with the correct date in the new financial year without disturbing the super that’s already been paid. That should help you get the missed payment sorted without creating a super issue later on.

Cheers,

Doreen