Matching bank statement lines to cheques

Hi MatheusToledo,

Since reversing and reprocessing the pay run isn't a suitable option for you, there's another workaround to help match the pay run with the bank feed transactions:

• Create a Payroll Clearing Account. Go to Accounting > Chart of Accounts > Create account. If you already have one, you can skip this step.
• Set Up the Account. Create a detail account with the necessary settings as per the screenshot below.

• Allocate Transactions. In Bank Transactions, allocate the separate wage payments to the clearing account.
• Check General Ledger Report. Run a General Ledger Report (Reporting > Reports) to confirm that the payroll clearing account has a debit balance matching the allocations.
• Create General Journal Entry. In Accounting > General Journal, transfer the full pay amount between the bank account and the payroll clearing account.
• Verify the Balances. Run the General Ledger Report again to confirm that the journal offsets the payroll clearing account balance.

Just a reminder, when completing the next bank reconciliation, make sure to reconcile the spend money allocations, the initial pay run and the general journal to balance.

Regards,

Shella

These would be the journal entries then?