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MelanieJackson's avatar
MelanieJackson
2 years ago

Wrong Code Used in Payroll for Super

Hi Everyone,   When setting up a new superannuation expense code for the BDM I accidentially used 21420 - PAYG Withholding instead of 21430 - Superannuation Payable as its directly under each other...
  • Genreve_S's avatar
    Genreve_S
    2 years ago

    Hi MelanieJackson, 

     

    Thanks for reaching out and welcome to the Community Forum. 

     

    I understand the need for the liability linked account to be corrected. To correct the linked account, you can go to the Pay Category of the superannuation and correct the linked liability account there. 

     

    For the two previous payroll transactions that have been recorded incorrectly. I recommend speaking to a financial advisor, to find out what's the best way to record a transfer of the amounts from one liability account to the other. 

     

    Let us know if you require any further assistance with this. We're happy to help. 

     

    Cheers, 

    Genreve

     

     

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 years ago

Hi MelanieJackson, 

 

Thanks for reaching out and welcome to the Community Forum. 

 

I understand the need for the liability linked account to be corrected. To correct the linked account, you can go to the Pay Category of the superannuation and correct the linked liability account there. 

 

For the two previous payroll transactions that have been recorded incorrectly. I recommend speaking to a financial advisor, to find out what's the best way to record a transfer of the amounts from one liability account to the other. 

 

Let us know if you require any further assistance with this. We're happy to help. 

 

Cheers, 

Genreve

 

 

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