Forum Discussion

Janelle8's avatar
Janelle8
Contributing User
13 days ago

Incorrect tax file category how to fix payruns

I have set up a new payroll for a client and one of the employees selected thw incorrect tax category when onboarding and has been over taxed. I was only notified of this after 4 payruns how do I go about correcting this.

Thanks in Adavance

Janelle McNair 

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    12 days ago

    Hi Janelle8,

     

    If the set pay categories cause incorrect tax values, you can open each category and correct the tax information on it. After correcting the pay categories, you can send an update event to fix the values. You can read through this thread for more reference into the process.

     

    Thanks,
    Genreve

     

    • Janelle8's avatar
      Janelle8
      Contributing User
      12 days ago

      Hi Genreve

      It wasn't the pay categries that were incorrect it was the tax category hterefore employee was over taxed

      • Princess_R's avatar
        Princess_R
        MYOB Moderator
        12 days ago

        Hi Janelle8,

         

        Thanks for clearing that up! You have two options to tackle this:

        • Calculate the overpaid or underpaid PAYG tax and adjust it in the next pay run.
        • Create a separate pay run to adjust the value against the PAYG category and zero out the other payroll categories.

        For more details, check out this link.

         

        Cheers,

        Princess

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