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eivalicabinets's avatar
eivalicabinets
Experienced User
1 year ago
Solved

EOFY Finalisation - YTD verification report and Payroll Summary reports do not match due to a non reportable wage item. Is this acceptable?

Hello,   I am doing EOFY Finalisations. There is a wage item for an employee that is "staff reimbursements" for a busines purchase they made that I've reimbursed them for. I believe I set this up p...
EOFY
  • Doreen_P's avatar
    Doreen_P
    1 year ago

    Hi eivalicabinets

     

    If the YTD Verification Report doesn't match the Payroll Summary Report is because all the wages that are reported as Gross Payments will only show in YTD Verification Report. Under EOFY Finalisation tab, against the employee name there is three dots there that will show the Individual Summary Payments as the breakdown of other pay items that is not reported as Gross Payments. If you add these Gross YTD to the Verification Report, everything should match. Let me know if you need more assistance with this.

     

    Best regards,

    Doreen

JenSz's avatar
JenSz
Contributing User
1 year ago

From her response to my question below - it sounds like we are fine to proceed with finalisation.  It seems like they have not worded their instructions for finalising payroll accurately :-/

It seems like as long as the Gross Payments subtotal matches, you're good to go.

eivalicabinets's avatar
eivalicabinets
Experienced User
1 year ago

JenSzThe way they've worded it has made it very confusing, you're right! Hopefully it is all okay as I am going to proceed with EOFY Finalisations (I am not completely convinced haha).

  • JenSz's avatar
    JenSz
    Contributing User
    1 year ago

    eivalicabinetsI spoke to our accountant yesterday afternoon and he confirmed I can proceed with EOFY finalisations :)

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