Matching 2 bank transactions to one pay
An employee requested a pay be split into two different accounts so the net pay of $1745.20 shows as two banks transactions of $1000 and $745.20.
How do I reconcile these two transactions against the one pay?
(Recorded as a cash payment)
Not sure if you are using the payroll function in the employees card file to send to two different bank accounts (located in their banking details) or splitting the pay manually? So not sure what is showing up in your bank feed.
If you are not uploading an ABA file for wages - the easiest way is to use a "clearing account" instead of the main bank account at the top of the transaction window in payroll.
Then do a 2 x spend money transactions from the clearing account to the main bank account, this will then match the bank feeds and the clearing account will be zero.
OR - If you are using bank feeds to reconcile you can ignore and hide the transactions and just tick them both off as one transaction when you reconcile the bank manually.
Hope I have answered this clearly.
