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Cleggtribe's avatar
Cleggtribe
Experienced Cover User
4 months ago
Solved

Super payments through MYOB

I am not familiar with this process at all and have a little problem.

The screenshot shows payments of super and it links it to PS000013 except for $1109.50.

The total outstanding super to pay is $4521.53 to date.

The balance sheets total to date to pay is $3412.03, difference $1109.50.


In general journals  it states the account used was kiosk but it really came out of working account. How do i reverse the payment showing kiosk account so I can then match the payment to the correct account.

 

I assume myob reverts back to one account when dealing with payroll. The quickest remedy is just manually transfer from one account to the other. Or is there a way around have 2 bank accounts paying wages?

 

Thanks

3 Replies

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    4 months ago

    Hi Cleggtribe, 

     

    It looks like that $1,109.50 has just been treated a bit differently from the rest of the super, which is why it’s not lining up.

    Most likely it’s either:

    • been included in the PS000013 Pay Super batch, but that batch was posted to the Kiosk bank instead of the working account, or
    • been cleared with a manual Spend Money or journal to the super payable account instead of through Pay Super.

    To tidy up the $1,109.50 that’s sitting in the Kiosk instead of the working account:

    If PS000013 isn’t authorised yet

    1. Go to Payroll > Pay super > Manage payments and open PS000013.
    2. Go to Edit > Reverse Pay Superannuation and record the reversal.
    3. Re‑create the Pay Super batch, this time set Pay from account = Working account, then authorise it.

    If PS000013 is already authorised/completed

    1. Leave PS000013 as is (that keeps the super showing as paid).
    2. Record a Transfer Money or general journal for $1,109.50:
      • Debit: Working
      • Credit: Kiosk
    3. Reconcile so that the actual bank withdrawal matches the Working account, and the Kiosk nets back to zero for that payment.

    Regards,

    Genreve 

     

  • Cleggtribe's avatar
    Cleggtribe
    Experienced Cover User
    4 months ago

    Hi Genreve

    I still have a problem.

    I have 2 entities that work out of the same MYOB with of course separate bank accounts but share the payroll and super accounts. For the wages I had to set up that everyone went thru a payroll clearing account but the employees were paid from the different bank accounts. By the looks super payments default to the cheque payment which is linked to the working account.

    The working account balances but I had to manually allocate the $1109.50 direct to super liability account and not match it to PS13.   Another super payment $3252.59 was reversed on the working account and a new super payment PS14 completed on the kiosk account (screenshot)

    I tried doing the above but I did not balance.

    I need to clear the reversal  (deposit)on the working account to the payment (withdrawal) on the kiosk account.

    I will also need to double check the liability account is correct. 

    In January I will process the super myself.

     

  • Cleggtribe's avatar
    Cleggtribe
    Experienced Cover User
    4 months ago

    Hi Genreve

    Please ignore my last message.  It is all sorted, bank accounts reconcile, super payable balances.

    Thank you for all your help.

     

    Jackie

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