Payment date and bank reconciliation

Question

Hi&nbsp;i processed Feb payroll in myob accountright 2022.2 with pay period 01/02/22 to 28/02/22 and payment date : 28/02/22when i was doing the Feb bank reconciliation i noticed the payroll doesnt reflect on my bank reconcile which usually does.i check the transactiaon journal for the payroll it was registered as 02/03/22 that's why didnt show on my feb bank reconcile?&nbsp; How could this happened ? is it due to ATO submission done by my boss ? I have no clue on steps he does for payroll submission to ATO. i only need to perform task run the payroll process for his submission.&nbsp;How to rectify this so my bank will be balanced?&nbsp;Thank you in advance for the input.

lrbooks61 · Answer

Hi&nbsp;There are a number of things you could do depending on how the payroll has been paid&nbsp;If it has been paid electronically you could delete ( you may need to reverse) the wrongly dated transaction and redo as at 28/2/2022. That could be how the date error occurred in the first place.&nbsp;If that is not an option you could apply the 28/2/ payment from the bank feed to a payroll clearing account (spend money)and then you would need to do another transaction (receive money ) for the same amount to the payroll clearing account for the 2/3 . You would then need to manually reconcile the payroll transaction dated the 2/3 and the recieve money transaction&nbsp;The clearing account should be $0 after both of these transactions&nbsp;Hope these suggestions help

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Payment date and bank reconciliation

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