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JamesA2's avatar
JamesA2
4 months ago

Profit and loss duplicating wages

Hi there,

 

Quick question which I'm sure there is a simple solution that I am missing.

 

In my profit and loss report my wages are being duplicated.

 

The transaction is showing from when I do the payrun (it debits the wages, tax and super)

But then the money is also deducted as wages from when the money leaves my bank account (and tax and super when this does come our of the bank account).

 

What is the best practice way to resolve this? Personally I would prefer it if the transaction was only counted once it left the bank account.

 

Any help is much appreciated.

Cheers,

 

 

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    4 months ago

    Hi JamesA2,

     

    I see you're trying to avoid duplicate entries in your ledger. Normally, after creating a pay run, the wages should already have their amounts filled in. Sometimes, users accidentally create extra allocations from the bank feeds window. I'd recommend matching your bank feed transactions with the wages already recorded in the system to prevent new transactions from being generated. You can also review all transactions linked to your ledger account to decide if any should be deleted or changed.

     

    If you still need assistance after these steps, you can chat with our virtual assistant, MOCA, on our website. If MOCA can't assist, you'll be connected with our live chat team for more help. And of course, feel free to start a new thread if you have any other questions.

     

    Thanks,
    Genreve

     

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