Incorrect Payroll Year
HELP!!! Our company has had MYOB for years and we are going to start using payroll as of 1/07/24 - only problem is our system is set for payroll year 2007/2008 - how do I update it to 2024/2025?
Forum Discussion
Hi CSH1AS
MYOB have hidden all references to Payroll Year in AR2024. When you begin processing pay with a payment date in FY 2024, AR2024 will set the payroll year to 2024 and load the relevant tax tables for that year. Like wise if you set payment date to 1 July 2024, it will change to 2025 Payroll year and load those tax tables. Note that you don't need to record the transaction, just complete the first 2 screens, then cancel.
Regards
Gavin
gavinw222@gmail.com
