Forum Discussion

FOOTBIOTEC's avatar
FOOTBIOTEC
Cover User
5 years ago
Solved

Two payroll to one bank feed transactions

Hello,    For the first time, I have processed employees' payroll and I recorded two transaction journals for one employee. One is for fortnight work, and the other is termination payment. The mana...
Bank feed
multiple
Payroll
reconcile
  • Tracey_H's avatar
    Tracey_H
    5 years ago

    Hi FOOTBIOTEC 

     

    Thanks for your post.  When we refer to manual reconciling, we mean that you need to go into the Reconcile Accounts window and manually tick those transactions. Transactions matched in the Bank Feeds window are automatically ticked in the Reconcile Accounts window.

     

    So you would need go to Reconcile Accounts and manually tick those 3 transactions. The 2 payroll transactions must equal the one bank transfer amount. Then at the end of the month (or whenever you reconcile your bank account), those transactions will be included in the reconciliation.

     

    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
5 years ago

Hi FOOTBIOTEC 

 

Thanks for your post.  When we refer to manual reconciling, we mean that you need to go into the Reconcile Accounts window and manually tick those transactions. Transactions matched in the Bank Feeds window are automatically ticked in the Reconcile Accounts window.

 

So you would need go to Reconcile Accounts and manually tick those 3 transactions. The 2 payroll transactions must equal the one bank transfer amount. Then at the end of the month (or whenever you reconcile your bank account), those transactions will be included in the reconciliation.

 

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.