Forum Discussion

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 ...

Genreve_S

MYOB Moderator

13 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
Contributing User
13 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
  MYOB Moderator
  13 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
  - Janelle8
    Contributing User
    12 days ago
    Thanks Princess
    
    I have already worked it out
    
    Thanks for your time