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Anewbee's avatar
Anewbee
Experienced Cover User
20 days ago
Solved

Payslips

Hello   We pay some of our employees a travel allowance to cover travel expenses. The allowance is not reportable because it is equal or below the ATO reasonable rate. My manager paid travel allow...
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  • Princess_R's avatar
    Princess_R
    20 days ago

    Hi Anewbee,

     

    Thanks for laying out the situation. You don’t need to reverse and reprocess the July pay slips. Since the travel allowance was paid after the July pay run, the best option is to create an unscheduled pay, or adjust the next pay for each employee to add the travel allowance. You can also check with your accountant on the best way to record it.

     

    Cheers,

    Princess

Princess_R's avatar
Princess_R
MYOB Moderator
20 days ago

Hi Anewbee,

 

Thanks for laying out the situation. You don’t need to reverse and reprocess the July pay slips. Since the travel allowance was paid after the July pay run, the best option is to create an unscheduled pay, or adjust the next pay for each employee to add the travel allowance. You can also check with your accountant on the best way to record it.

 

Cheers,

Princess

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