Forum Discussion

AFR's avatar
AFR
Cover User
2 years ago

Employee tax deducted shows as bank deposit in bank reconciliation.

The payg tax amount for 1 x employee shows as bank deposit in bank reconciliation? When I click on reference is opens a payslip where the amount is allocated to tax?  All wage settings are same as other employees so don't know why this one shows as bank deposit.  I have attached screen shot of bank reconciliation to illustrate. 

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    2 years ago

    Hi AFR,

     

    Thanks for your post, and welcome to the MYOB Community Forum.

     

    It sounds like you've stumbled upon an interesting situation with the PAYG tax for one of your employees showing up as a bank deposit in the reconciliation. To get to the bottom of this, let's double-check a few things:

     

    • Verify if there have been any recent changes or updates that might have inadvertently affected this particular employee's PAYG tax processing.
    • Let's also review the bank deposit details closely to see if there's any clue hiding there.

    Lastly, any relevant screenshots that may help us in resolving this issue is very much appreciated. Make sure to remove any sensitive information before posting in the Forum.

     

    I'm looking forward to your response.

     

    Best regards,

    Doreen