The wages expense on my monthly P&L is not matching the total wages expense on the Payroll Activity Summary report. The P&L is not picking up any annual leave that has been paid for the month.
How can I fix this please?
Hi Maree06,
Thank you so much for your post and I'm sorry to hear that you're having issues in your P&L Wages Expense. I really appreciate your patience and understanding about this issue, and I do apologize for the delayed response.
To address the discrepancy between the wages expense on your monthly Profit and Loss statement and the total wages expense on the Payroll Activity Summary report, particularly when annual leave is not being captured in the P&L, you can check the payroll journal entries to ensure that annual leave payments are being correctly categorized as wages expenses. Then verify that there are no errors in the account coding for these transactions.
I would also recommend to review your payroll settings in your AccountRight. Ensure that annual leave payments are set up to be included in wages expenses on your P&L statement.
Please do let me know how you go on this.
Regards,
Earl
