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Mrsbookkeeper87's avatar
Mrsbookkeeper87
Member
1 year ago

Reprocessing a returned super payment from a closed financial year.

Hello, I have recently discovered back in 2021 a returned super payment, that was not reprocessed. The financial year is closed and so I have reversed the super payment for the pay period of Aug 2021...
Princess_R's avatar
Princess_R
MYOB Moderator
1 year ago

Hi Mrsbookkeeper87,

 

Reversing and reprocessing a superannuation payment from 2021 while you're now in the current financial year can be quite complex. You’ll likely need your accountant’s help since it involves adjusting pay from a closed financial year. MYOB only supports the previous and current financial years, so any adjustments for years before that need to be lodged manually with the ATO. You could try creating a journal entry, but definitely consult your accountant first.

 

Feel free to get in touch if there's anything else I can assist you with.

 

Cheers,

Princess

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