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JoKorman's avatar
JoKorman
3 years ago
Solved

changing to a calendar reporting period and its effect on payroll

Hi there, we are changing to a calendar reporting period so have done an 18mth period to finish this year on 31 Dec.  Before we close the year,  just wondering how this will impact on the payroll mod...
  • Earl_HD's avatar
    Earl_HD
    4 months ago

    Hi Kh200014,

    You can do this by navigating to the Sales or Purchases tab, depending on the transactions. For each transaction from October 2024, manually enter the details by assigning the appropriate category and GST code. Additionally, if your former software provider is applicable on this link, you can submit a request to MMC Convert.

    Regards,
    Earl

Steven_M's avatar
Steven_M
Former Staff
3 years ago

Hi JoKorman 

 

The payroll year runs independently from the financial year in AccoutnRight and, as you have indicated, is always July to June in a company file.

  • JoKorman's avatar
    JoKorman
    3 years ago

    so it wont adversly affect payroll if we close the year at 31 Dec?

    • Steven_M's avatar
      Steven_M
      Former Staff
      3 years ago

      Hi JoKorman 


      As they are independent, there is no impact if you have a different financial year to the standard payroll year.

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to a calendar reporting period and its effect on payroll","id":"message:796933","revisionNum":1,"repliesCount":3,"author":{"__ref":"User:user:291162"},"depth":0,"hasGivenKudo":false,"board":{"__ref":"Forum:board:Tax_BAS_GST_EOFY"},"conversation":{"__ref":"Conversation:conversation:796933"},"readOnly":true,"editFrozen":false,"moderationData":{"__ref":"ModerationData:moderation_data:796933"},"body@stripHtml({\"truncateLength\":200})":" Hi there, we are changing to a calendar reporting period so have done an 18mth period to finish this year on 31 Dec.  Before we close the year,  just wondering how this will impact on the payroll mod...","body@stringLength":"266","rawBody":"

Hi there, we are changing to a calendar reporting period so have done an 18mth period to finish this year on 31 Dec.  Before we close the year,  just wondering how this will impact on the payroll module, as this clearly needs to report July to June.

","kudosSumWeight":0,"postTime":"2022-12-21T11:39:24.857+11:00","images":{"__typename":"AssociatedImageConnection","edges":[],"totalCount":0,"pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null}},"attachments":{"__typename":"AttachmentConnection","pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null},"edges":[]},"tags":{"__typename":"TagConnection","pageInfo":{"__typename":"PageInfo","hasNextPage":false,"endCursor":null,"hasPreviousPage":false,"startCursor":null},"edges":[]},"timeToRead":1,"currentRevision":{"__ref":"Revision:revision:796933_1"},"latestVersion":null,"metrics":{"__typename":"MessageMetrics","views":905},"visibilityScope":"PUBLIC","canonicalUrl":null,"seoTitle":null,"seoDescription":null,"isEscalated":null,"placeholder":false,"originalMessageForPlaceholder":null,"messagePolicies":{"__typename":"MessagePolicies","canModerateSpamMessage":{"__typename":"PolicyResult","failureReason":{"__typename":"FailureReason","message":"error.lithium.policies.feature.moderation_spam.action.moderate_entity.allowed.accessDenied","key":"error.lithium.policies.feature.moderation_spam.action.moderate_entity.allowed.accessDenied","args":[]}}},"archivalData":null,"customFields":[],"body":"

Hi there, we are changing to a calendar reporting period so have done an 18mth period to finish this year on 31 Dec.  Before we close the year,  just wondering how this will impact on the payroll module, as this clearly needs to report July to June.

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Hi JoKorman 

\n

 

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The payroll year runs independently from the financial year in AccoutnRight and, as you have indicated, is always July to June in a company file.

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Hi  

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\n

The payroll year runs independently from the financial year in AccoutnRight and, as you have indicated, is always July to June in a company file.

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url(\"data:image/svg+xml;charset=utf8,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 24 24'%3E%3Ctitle%3EAsset 5%3C/title%3E%3Cg id='Layer_2' data-name='Layer 2'%3E%3Cg id='Layer_1-2' data-name='Layer 1'%3E%3Cpath d='M12,24A12,12,0,1,0,0,12,12,12,0,0,0,12,24Zm1.82-10.71a1.2,1.2,0,0,0-1.2,1.2v4.2h-3s0-7.2,0-7.8h3v.89A3.72,3.72,0,0,1,15,10.91c1.78,0,3,1.29,3,3.78v4H15v-4.2A1.2,1.2,0,0,0,13.82,13.29ZM6.91,9.69h0A1.47,1.47,0,0,1,5.4,8.2,1.44,1.44,0,0,1,6.93,6.75a1.47,1.47,0,1,1,0,2.94Zm1.51,9h-3v-7.8h3Z' style='fill:%23687480'/%3E%3C/g%3E%3C/g%3E%3C/svg%3E\")\n no-repeat;\n}\n\n.myob-social-links .instagram a:before {\n background: 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so it wont adversly affect payroll if we close the year at 31 Dec?

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Hi JoKorman 

\n


As they are independent, there is no impact if you have a different financial year to the standard payroll year.

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