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Tony2261's avatar
Tony2261
Member
4 months ago
Solved

Reconciling bank to payrun

I recently did my first payrun. I paid all employees directly from the business bank account by direct payment, because I was not set up to have MYOB pay it. Now when I do a bank reconcilation, it is...
  • Doreen_P's avatar
    Doreen_P
    4 months ago

    Hey Tony2261,

     

    You’ve given a really clear rundown of your first pay run and how you paid everyone directly from the business bank account. The key step from here is to check each employee’s card to see if their payment method is set to Electronic Payment. If so, that's the reason why the pay run isn’t showing to match those bank transactions and you can change the payment method to the correct one. You'll need to download the bank file for that pay run, then go back into the Bank Reconciliation window so you can match those bank payments to the payroll amounts. Make sure to check this link for more info. If this isn't case, it's best to reach out to our team on Live Chat via our virtual assistant, MOCA or by submitting a support case via My Account, so they can check it.

     

    Cheers,

    Doreen

Doreen_P's avatar
Doreen_P
MYOB Moderator
4 months ago

Hey Tony2261,

 

You’ve given a really clear rundown of your first pay run and how you paid everyone directly from the business bank account. The key step from here is to check each employee’s card to see if their payment method is set to Electronic Payment. If so, that's the reason why the pay run isn’t showing to match those bank transactions and you can change the payment method to the correct one. You'll need to download the bank file for that pay run, then go back into the Bank Reconciliation window so you can match those bank payments to the payroll amounts. Make sure to check this link for more info. If this isn't case, it's best to reach out to our team on Live Chat via our virtual assistant, MOCA or by submitting a support case via My Account, so they can check it.

 

Cheers,

Doreen

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