Forum Discussion

Janelle8's avatar
Janelle8
Contributing User
2 months 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 ...
Categories
Onboarding
tax
  • Princess_R's avatar
    Princess_R
    2 months 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

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 months 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
    2 months 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
      2 months 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's avatar
        Janelle8
        Contributing User
        2 months ago

        Thanks Princess

        I have already worked it out 

        Thanks for your time

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