Forum Discussion

debbieg's avatar
debbieg
Experienced Cover User
9 months ago
Solved

employee paid by us and workcover

Hi- we paid employee and work cover commenced, so he's also paid by them. W/Cover instructed me to recover our pay from him. Gross pay $624- Tax -$63 Nett pay $561- . I unfortunately asked him for th...
  • Princess_R's avatar
    Princess_R
    9 months ago

    Hi debbieg,

     

    Thank you for your post.

     

    In this situation, I would suggest reversing the pay you have processed, then requesting the net amount of $561 from the employee, not the gross amount of $624. This is because the net pay ($561) is the amount he received in his bank account after taxes were deducted, and this is the amount that needs to be recovered. In any case, it's essential to communicate with the employee about the overpayment recovery and agree on the best course of action. Please refer to this Help article, Changing a Recorded Pay, that has detailed information to reverse the pay.

     

    Please let me know if you require any further assistance with this. I'm happy to help.

     

    Cheers,

    Princess

Princess_R's avatar
Princess_R
MYOB Moderator
9 months ago

Hi debbieg,

 

Thank you for your post.

 

In this situation, I would suggest reversing the pay you have processed, then requesting the net amount of $561 from the employee, not the gross amount of $624. This is because the net pay ($561) is the amount he received in his bank account after taxes were deducted, and this is the amount that needs to be recovered. In any case, it's essential to communicate with the employee about the overpayment recovery and agree on the best course of action. Please refer to this Help article, Changing a Recorded Pay, that has detailed information to reverse the pay.

 

Please let me know if you require any further assistance with this. I'm happy to help.

 

Cheers,

Princess