Forum Discussion

becn1103a's avatar
becn1103a
Experienced User
10 months ago

Paid 10 cents less than payslip

Hi I've just noticed that I transferred one of our employees 10c less than  the payslip and therefore can't match off the transaction. This was back in January. Given the low amount the employee isn'...
Isaiah_C's avatar
Isaiah_C
MYOB Moderator
10 months ago

Hi becn1103a,

 

Since the pay run was underpaid by 10c, you can add adjustment and record a transaction. This will ensure everything matches correctly in MYOB and allows you to reconcile the transaction without issues. Matching bank transactions has detailed information to assist you with this.

 

If you still need assistance, reach out to our live chat support through our virtual assistant MOCA or submit a case via MyAccount.

 

Regards,

Sai

becn1103a's avatar
becn1103a
Experienced User
10 months ago

Hi Isaiah_C 

Thank you but could you please advise what the adjustment entries would be to record the 10c transaction?. I do know how to match bank transactions but I don't know what the entries would be

 

Thanks

Bec

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    10 months ago

    Hi becn1103a,

     

    When you're matching bank transactions to your pay run, there's a spot on the lower right of the line item where you can add an adjustment. This lets you put in a receive money or spend money transaction for the date of the bank transaction. For advice on which account to allocate the adjustment to, it's best to ask a financial advisor. With that small adjustment, you should be able to reconcile your accounts.

     

    Regards,

    Genreve

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