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 p...
Forum Discussion
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
