Forum Discussion

MOTIVATED's avatar
MOTIVATED
Experienced Cover User
17 days ago

Payday Super via MYOB overpaid

Hi,

An employees' pay needed adjusting in hours and super.

A reversal was done to clear the incorrect pay lodged already in STP and the correct pay processed and lodged.

As the incorrect one was processed, and the Super also was authorised, this corrected STP reporting but created an overpayment to Super. When I go to the MYOB Pay Super area the reversal & correct pays are there but adds up to a negative super when I tick both and won't allow to process.

Can you wait till the next pay run, tick all and the two prior adjusting pays of super will process with that run as an adjustment via MYOB Pay Super area?

If not, how do you clear the reversal and correct pay sitting in Pay Super area?

 

Thankyou

1 Reply

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    16 days ago

    Hi MOTIVATED,

     

    Thanks for reaching out. What you’re seeing can happen when a pay is manually reversed, as the reversal creates a negative super amount while the corrected pay creates a positive amount. If both amounts relate to the same employee and super fund, you can usually wait until the next pay run to offset the adjustment. However, for the most appropriate treatment, it’s best to check with your accountant, as they can advise on the correct payroll and reporting steps for your situation.

     

    Cheers,

    Princess

     

     

     

     

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