Payroll Liabilities Reconciliation Exceptions - can entries be cleared once adjustments made
After clearing "causes of exceptions" transactions showing in the above report by using the "Pay Liabilities" option and General Journal - is there a way to remove the transactions from the report.
The report shows the same information with the addition of my General Journal, I would like to be able to clear the 2015,2016,2017,2018 entries.
Hi deborah
As you have not changed the actual transactions themselves the auditor will keep picking them up as possible causes of exceptions. To clear them you would need to correct them, which should not be done for transactions in previous financial years. Depending on how you pay your payroll liabilities an Out of Balance amount can be expected. You may find this post Payroll Liabilities Reconciliation Exceptions, informative.
Please let me know if you need further help.
