Hi Feebie,
It seems that the issue is the matching of bank feeds to the transaction, not the payroll adjustment. Thank you for clarifying. Generally, the reconciliation comes after bank transaction matching, as reconciling or marking the transaction from the reconciliation screen prevents the transaction from appearing in the Bank Transaction window. I recommend undoing the reconciliation where the transactions you are trying to match are included in and unmarking them in the reconciliation window. You can then redo this after matching them to bank transactions.
Let me know if you need more help with this.
Thanks,
Genreve
I have a payroll that was reversed as it was an overpayment, however the money is showing in the bank as being returned but I can't match it with the reversal? The other issue is I can't run a pay run to correct it as it was in 2022 and myob won't allow anything past the previous payroll year.
How do I receive the payment to clear it from the bank statement?
Hi BigAl66,
Bank feeds match transactions based on the exact amount, so a reversal won't automatically match up with a repayment. You'll need to manually reconcile those bank transactions by creating a pay run with the amount of the returned funds and matching it with the deposit in your bank account. And, if you need to correct anything prior from the previous payroll year, you'll need to reach out to the ATO directly and manually lodge those forms.
Cheers,
Princess
Hi Princess, myob won't let me create a pay run back that far, 22/23 period.
