Reallocate electronic payments in payroll

Question

In Payroll-I forgot to change the payment method from electronic to cash for one employee. Do I have to reverse all of the pays for that employee and resubmit them or can I reallocate it?I can't reconcile my account as the transaction&nbsp; is not coming up.

doreen_p · Answer

Hi there RenaeGTS,
&nbsp;
There's no need to reverse the pay runs that have already been processed. Just create the ABA file from "Prepare electronic payments" so that the payroll transactions will show up. Before creating the ABA file, make sure to check the bank feed transactions against the payroll transactions. The dates and amounts should match to make sure your accounts will be reconciled. To create the ABA file for payroll transactions, you'll need to follow these steps:
&nbsp;

Prepare electronic payments: Go to the "Prepare electronic payments" window in MYOB.
 Select Account: Choose the account where you want the transactions to be recorded.
 Tick Transactions: Tick the payroll transactions you want to include in the ABA file.
 Download ABA File: Once you've selected the transactions, download the ABA file.

&nbsp;
Best regards,
Doreen

renaegts · Answer

Hi Doreen,&nbsp;Thank you. I don't do any electronic payments and was concerned the employees pay might come out of my account again.

doreen_p · Answer

Hey RenaeGTS,
&nbsp;
You're welcome. No worries; the employee's pay won't come out again as long as you're able to create the ABA file, but make sure not to upload it on the bank portal. You'll be able to reconcile your accounts again.
&nbsp;
Best regards,
Doreen

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Reallocate electronic payments in payroll

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