Forum Discussion

jclpo's avatar
6 months ago

jclpo

I have just processed wages for the week ending Sunday 30th June 2024.  Why have these rolled over and being included in the new financial year 2024/2025.  I need these to be included the current financial year. What do I need to do?

  • Shella_A's avatar
    Shella_A
    MYOB Moderator

    Hi jclpo

     

    The financial year in MYOB is determined by the payment date, not the period end date. So, if the payment date for the wages of the week ending 30th June 2024 falls in the new financial year, it will be included there. If you want these wages to be included in the current financial year, you'll need to change the payment date to a date within the current financial year. Just a heads up, it's always good to consult with your accountant or payroll advisor before making such changes. Let me know if you have other queries!

     

     

    Kind regards,

    Shella

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