Change ATO Reporting Category
I believe I can change the reporting category that was allocated incorrectly for the last financial year prior to finalising EOFY? I have mounts allocated to Allowances (for shift allowance) that sho...
Forum Discussion
Hi Princess_R
Just hopping onto this discussion as I have the same issue. In finalising the 23-24 financial year I've realised that a payment for an employee was incorrectly recorded into the wrong category. The submission was accepted by the ATO at the time the pay was processed, and I have no option to reverse the pay within the Payroll Reporting Centre,
In navigating to the pay in question, the category I need to transfer the amount to no longer shows up on the record, accordingly, will I have to reverse the pay from within AccountRight, and will it affect my previous bank reconcilations to do this? Do I also have to reverse and redo the bank recs to adjust the pay?
Thanks
I understand your concern about the incorrectly recorded payment for an employee in the 23–24 financial year. In MYOB, if a payment has been incorrectly recorded, there are ways to rectify this. However, it's important to note that reversing a payment within AccountRight could potentially affect your previous bank reconciliations. For more details on reversing APK, please check out this Help article: Fixing a Pay.
Feel free to get in touch if you need more help.
Cheers,
Princess
