how to reverse a payroll already paid from bank
Hi,
Could I please check how do i reverse a payment with team being paid from the bank already.
The team had made us know , we have paid him 1 week extra, and he is willing to pay it back.
How do i function it in the MYOB? the payroll journal did not have TAX, because of not much hours but comes with superannuation.
Thanks heaps!
Hi jhd029
Apologies for the delay in getting back to you. When you record the adjustment pay you need to make sure all amounts and hours are entered, including PAYG Withholding.
The Payment method selected will only determine the bank account the pay run is posted to. When the Payment method is Electronic, the pay is posted to the electronic clearing account and you would need to go to Prepare electronic payments and click on Download bank file to process the electronic payment transaction.
When the Payment method is Cash or Cheque the pay is posted to the account selected in Accounting>>Manage linked accounts>>Payroll tab>>Bank account for cash/cheque payments. If the account selected here is the bank account the pay will be posted directly to that bank account so you wouldn't need to process an electronic payment.
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
