Forum Discussion

loz82's avatar
loz82
Experienced User
3 years ago
Solved

STP and incorrect wages expense Account

Hi All,   We have had a previous bookkeeper incorrectly setup a few of our staff members with the incorrect wages expense account.   Instead of using the Wages and Salaries account, it's been all...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi loz82 

     

    Thanks for your post. Selecting an incorrect expense account only affects financial reporting, like the Profit & Loss, so yes you can record a journal to move the amount to the correct expense account.

     

    Please let me know if you need further help.

     

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

Tracey_H's avatar
Tracey_H
Former Staff
3 years ago

Hi loz82 

 

Thanks for your post. Selecting an incorrect expense account only affects financial reporting, like the Profit & Loss, so yes you can record a journal to move the amount to the correct expense account.

 

Please let me know if you need further help.

 

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

loz82's avatar
loz82
Experienced User
3 years ago

Thank you Tracey.

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