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Lora's avatar
Lora
Experienced Cover User
4 years ago
Solved

employee purchase. clear the deducitons from Payroll Liabilities?

I have sucessfully set up payroll employee purchases but i don't know how to clear the Pay liabilites - Deductions.  there are no instructions for this that i can find.
  • Komal_S's avatar
    Komal_S
    4 years ago

    Hi Lora 

     

    Please take a backup of your file and follow the steps given below to clear the liabilities: 

     

    1) Go to Payroll>>Pay Liabilities>>Filter by "deduction" liability.

    2) Change the Pay from account to a clearing/suspense account and record the liability. 

    3) Record a Receive money transaction (Banking>>Receive Money) with Deposit to account as clearing/suspense account and allocate to the same liability account. 

Komal_S's avatar
Komal_S
MYOB Staff
4 years ago

Hi Lora 

 

Please take a backup of your file and follow the steps given below to clear the liabilities: 

 

1) Go to Payroll>>Pay Liabilities>>Filter by "deduction" liability.

2) Change the Pay from account to a clearing/suspense account and record the liability. 

3) Record a Receive money transaction (Banking>>Receive Money) with Deposit to account as clearing/suspense account and allocate to the same liability account. 

Lora's avatar
Lora
Experienced Cover User
4 years ago

Great ! Thanks That worked well. 

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