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MJ7's avatar
MJ7
Experienced Cover User
7 days ago

Paid employees short

 

I stuffed up last weeks payroll (26/6/26 - 2/7/26) for my 2 employees

 

I always transfer pays via direct deposit into our employees accounts.  I have paid the same amount every week, all year.

 

Last week I didn't even look at the pay slips prior to paying my employees and just transferred the usual pay amounts like I always do. 

I didn't realise that the PAYG amounts changed in the new financial year, therefore changing the Net amount, and now the Payroll amounts in my Bank Feed from last week are not reconciling because both pays were $5 short each.

 

I transferred this extra $5 into each of my employees accounts yesterday and I was hoping that I could reconcile this extra money against each payroll in my bank feed but it won't let me.

 

Am I able to reconcile multiple amounts against a payroll in my bank feed or do I have to un-do last weeks payroll and somehow fix it?

 

Any help appreciated.

 

Thanks

 

1 Reply

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    6 days ago

    Hi MJ7,

     

    Thanks for outlining what happened so clearly. It’s a pretty easy one to miss, especially if you’re used to paying the same amount each week.

     

    MYOB won’t let you directly match multiple bank feed withdrawals to a single payroll transaction. When the pay run transaction itself is wrong, the usual fix is to reverse and reprocess it. In your case though, because the pay run itself was correct and the only issue was the $5 shortfall for each employee, there’d usually be no need to reverse and reprocess the payroll. The workaround would be to use a clearing account for those extra bank transactions. You can also take a look at this thread, as it covers a similar situation.

     

    Cheers,

    Princess

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