Forum Discussion

Simonev88351's avatar
4 months ago

Settling payments in electronic payments after payroll reversal

After I recorded a reversal for an incorrect pay, the pay had a negative net pay amount and the payment method automatically changed to cash and the linked back account for cash payments was used.  A...
  • Genreve_S's avatar
    4 months ago

    Hi Simonev88351


    Welcome to the Community Forum.


    In our accounting records, it's crucial to accurately reflect actual events. If an employee's overpayment is to be accounted for in the next period, it would be advisable to eliminate the reversal and repayment and incorporate the adjustment into the next pay run.


    For a deeper understanding of how reversals function within the application, I suggest you peruse the article titled 'Fixing a Pay'.


    Should you need further assistance, don't hesitate to start a new thread.


    If my response has answered your inquiry, please click "Accept as Solution" to assist other users find this information.