Forum Discussion

Liza15's avatar
Liza15
Contributing User
4 months ago
Solved

Negative payroll value in prepare Electronic payments

Hi I am having an issue trying to clear a negative & positive value related to payroll in the Prepare Electronic Payments screen.   An incorrect payroll was processed, this amount was fully rev...
  • Shella_A's avatar
    Shella_A
    4 months ago

    Hi Liza15,

     

    That setup shouldn’t derail your bank reconciliation as long as the reversed pay and the correct pay run both appear in bank feeds, and you match them properly (negative to the original, new pay to the actual withdrawal). If the pay was set to electronic, run Prepare electronic payments so the grouped withdrawal matches and your payroll clearing zeros out.

     

     

    Cheers,

    Shella

SupportNoteGuy's avatar
SupportNoteGuy
MYOB Staff
4 months ago

Hi Liza15​ - great question!

 

The easiest way to clear these amounts is to tick just those 2 amounts and create the bank file. This removes them from the Prepare Electronic Payments screen. You can then delete the bank file.

 

I hope this helps!

 

Adrian

 

Liza15's avatar
Liza15
Contributing User
4 months ago

Will this pose any problems trying to reconcile my bank accounts as this message appears

 

 

  • Shella_A's avatar
    Shella_A
    MYOB Moderator
    4 months ago

    Hi Liza15,

     

    That setup shouldn’t derail your bank reconciliation as long as the reversed pay and the correct pay run both appear in bank feeds, and you match them properly (negative to the original, new pay to the actual withdrawal). If the pay was set to electronic, run Prepare electronic payments so the grouped withdrawal matches and your payroll clearing zeros out.

     

     

    Cheers,

    Shella

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