Wages in Profit and Loss does not match to the amount in payroll activity summary report in 24FY

Question

Certain payruns were not allocated to expenses account (wages and salary).

The total gross salary in payroll activity summary report for 24FY is $105,816.18. However, the total wages expenses amount in Profit and Loss statement is $42370.89.

Much appreciated if anyone could assist with this issue ASAP.

isaiah_c · Answer

Hi LauraLL,
&nbsp;
To ensure accuracy in your payroll processing, please verify that each pay item and category is linked to the correct expense account. This will help prevent any discrepancies in your financial records.
&nbsp;
Regards,
Sai
&nbsp;

Forum Discussion

Wages in Profit and Loss does not match to the amount in payroll activity summary report in 24FY

1 Reply

Related content

Payroll activity Summary Report

STP differs from Payroll Summary

Payroll Summary does not balance with Payroll Activity

STP Summary of Payments not Matching Payroll Activity Report

Payroll YTD verification doesn't match Payroll summary report

STP Summary of Payments not Matching Payroll Activity Report

ATO Payroll Reporting - summary excludes Allowance - Car

Payroll Finalisation report not matching with Payroll Register Summary