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DG13's avatar
DG13
Contributing User
3 months ago

Payroll not recording PAYE or KS liabilities

Since moving from Essentials to MYOB Business during Nov 2023 our MYOB pay runs no longer automatically transfer the PAYE or Kiwisaver/ESCT liabilities to their appropriate codes and this produces inaccurate figures in our Balance Sheet for 31.3.2024. Have I overlooked doing something with the new system or does this transfer now need to be done manually? I sure hope not. Hope someone can help real soon so I can complete our annual accounts. Thanks

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  • DG13's avatar
    DG13
    Contributing User
    3 months ago

    I've figured it out... the KiwiSaver/ESCT is now lumped into the PAYE liability - that's why neither balanced in the Balance Sheet. Just gotta do some maths to ensure it's all accurate now.

  • DG13's avatar
    DG13
    Contributing User
    3 months ago

    Oops! It's only the KiwiSaver/ESCT liability that is not transferring from the payruns, the PAYE is coming thru. Sorry to confuse you.