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Lizardqueen's avatar
Lizardqueen
Experienced Cover User
3 years ago

payroll tax putting out reconciliation

When I process my payroll, I normally do a spend money (cash) as I process the payroll. All year I have not had a problem with reconciling at the end of the month.

For some reason, this month (June), when I tried to reconcile, I found in the transaction journal, that the pays for the month, were under the payroll tab. (I dont know what I have done for this to happen?). It is title "pay employee" and has the gross amount , tax and super items in there.

But I also had the spend money transactions that I normally do when I process the payroll, so doubling up on the pays.

I can not delete the transactions under the payroll tab, as it says they have been sent for STP.

So I deleted the pays I had done through spend money, thinking that would even it up.

Then when I tried to reconcile, the amount I am out of balance is the exact amount of tax calculated for each pay during the month.

I am not sure what I do to correct this?

 

  • I managed to create a journal and direct the payg tax to the account -payg tax withholding, which fixed the reconciliation.

    regards

  • Lizardqueen's avatar
    Lizardqueen
    Experienced Cover User

    I managed to create a journal and direct the payg tax to the account -payg tax withholding, which fixed the reconciliation.

    regards