Forum Discussion

Chapman1's avatar
Chapman1
Contributing User
23 days ago

Update event should be a Pay event

I was going to lodge October PAYG with the ATO but have noticed the amounts don't balance.  It appears as though the first pay run for October has been reported as an Update Event $0.00 and not a Pa...
Chapman1's avatar
Chapman1
Contributing User

Thank you for your help

gavin12345's avatar
gavin12345
Ultimate User
19 days ago

Hi Chapman1

 

No matter how many times you lodge a Update Event, it will not fix the issue you are facing - despite what moderators might tell you. 

 

An Update event will only 'fix' employee YTD totals for their Income Statement. It will not 'fix' the Activity Statement totals used for Pre-Fill. What you see on the ATO portal is only the Activity Statement Gross and PAYG for each Pay Event. The ATO uses these amounts simply to Pre-Fill your Activity Statement. AR2024 does not yet have a way to fix the reported Activity Statement Gross and PAYG if you miss or duplicate a PayEvent.

 

Simply override the Pre-fill amounts when you lodge your Activity Statement.

 

Regards

Gavin

  • Chapman1's avatar
    Chapman1
    Contributing User
    19 days ago

    Thank you Gavin

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.