Forum Discussion

GardenStateRemo's avatar
GardenStateRemo
Contributing User
12 months ago

New Payroll Year

Can I do the first pay for the new payroll year without doing end of payroll year?  Or do I have do finalise everything before I do my first pay run?

3 Replies

  • Shella_A's avatar
    Shella_A
    MYOB Moderator
    12 months ago

    Hi GardenStateRemo

     

    Thanks for the queries. You can indeed do the first pay for the new payroll year without finalizing the end of the previous payroll year. However, it's important to first compare your payroll reports to identify and fix any discrepancies. Once that's done, you can record a payment with a July payment date before finalizing. Just remember, because the July pay is dated in the new payroll year, it won't be included in the payroll year you are yet to finalize. Let me know if you have other questions!

     

     

    Kind regards,

    Shella

  • Shella_A's avatar
    Shella_A
    MYOB Moderator
    12 months ago

    Hi GardenStateRemo

     

    That's great to hear! If you have any more questions or need further assistance, feel free to ask.

     

    Cheers,

    Shella