Allocating a payroll payment
Hi, I process our staffs pay through MYOB and then manually transfer the money from our bank account to theirs. Our employees are set up as cash payment. What do I allocate the bank transfer to? ...
Forum Discussion
Hi rebeccaorgan,
If your employees are set up as cash payments but you're transferring their pay manually, you'll need to ensure the bank transfer is correctly allocated. Since you've been using the Electronic Clearing account, you'll need to download the bank file from MYOB and upload it to your bank. This will allow you to match the transaction in bank feeds and prevent duplication.
Here's a link that can assist you with this.
Regards,
Sai
