PAYG error - balance sheet and payroll reports don't agree; stemming from payroll error, when setting up super salary sacrifice.
Hello,
My issue begins with my error, when setting up a new employee with a superannuation salary sacrifice, I incorrectly set the account to PAYG Withholding and not the Superannuation account.
The pay slip looks like this; see the a/c 21420 used twice.
This issue is that the Payroll Activity and Register, and Superannuation reports have all recorded the correct amount of Tax and Super for the period. The issue being, that when I check the balance sheet and in Reconcile Accounts the 2140 PAYG Withholding Payable account, the $50 superannuation error has in-fact been recorded from the payroll and has gone to this account, essentially duplicating the $50 as it is in the super account also. I'm confused, how both can be?
The $50 per week has gone to super a/c, and tax amount is all correct. In addition the $311.50 and $50 are both showing in the 21420 account.
I did process a new payroll to try and fix, but it didn't work and I had to reverse it.
see attached file with screen shots to help explain.
Some advice is very much appreciated. the example I have used for 1 week, but I have 3 months of errors to fix.
Many Thanks, Ainsley
