Forum Discussion

Kat4's avatar
Kat4
Experienced User
2 years ago

EFT Payment file

On the 18/7/23 we processed our payrun as normal and sent file to the bank (manually) for payment.  File went through as per normal.  When reconciling our MYOB Bank feeds I noted that the first payru...
  • Doreen_P's avatar
    Doreen_P
    2 years ago

    Hi, Kat4 

     

    Thanks for your post.

     

    Since the second pay run is still sitting in the Prepare Electronic Payments window, you can create the bank file but you will no longer need to upload it to the bank so that the payment will not be processed. It will not affect your YTD figures since the pay runs were already processed. The figures that you can see now, will remain the same even after you created the bank file. Downloading the bank file will only allow you to match the bank transaction to the payroll transaction. 

     

    Please let me know how it goes.

     

    Best regards,

    Doreen

Doreen_P's avatar
Doreen_P
MYOB Moderator
2 years ago

Hi, Kat4 

 

Thanks for your post.

 

Since the second pay run is still sitting in the Prepare Electronic Payments window, you can create the bank file but you will no longer need to upload it to the bank so that the payment will not be processed. It will not affect your YTD figures since the pay runs were already processed. The figures that you can see now, will remain the same even after you created the bank file. Downloading the bank file will only allow you to match the bank transaction to the payroll transaction. 

 

Please let me know how it goes.

 

Best regards,

Doreen

  • Kat4's avatar
    Kat4
    Experienced User
    2 years ago

    Thank you so much Doreen, it’s as I was thinking – it cleared the Electronic payment file, matched it to my bank feeds and didn’t alter the employees contact log, so I’m assuming hasn’t altered their YTD

    What I really wanted to know is how this was possible – like how could it still be sitting there when we had already gone through the process and paid everyone.  Would you have any idea what we may have done to have this occur?

    • Doreen_P's avatar
      Doreen_P
      MYOB Moderator
      2 years ago

      Hi, Kat4 

       

      This usually happens when the pay run you processed has the payment method of electronic payment then you manually transfer the payment to the employees. Most likely what will happen is that the electronic payment will sit on the Prepare Electronic Payments window. 

       

      Best regards,

      Doreen

    • Doreen_P's avatar
      Doreen_P
      MYOB Moderator
      2 years ago

      Hi, Kat4 

       

      If you require any further assistance, please feel free to post again. Rest assured that one of the MYOB Community Forum Moderators will attend to it.

       

      Best regards,

      Doreen

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