Changed end-of-year payroll process: AccountRight 2020.2

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Community Manager
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Community Manager

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Changed end-of-year payroll process: AccountRight 2020.2

We’re aware of some people being a bit unsure about the new EOY Payroll process.

 

Previously you would manually rollover your payroll year and load the new year’s tax tables.

 

As of AccountRight 2020.2 these things happen automatically. This speeds things up and ensures that you’re using the right tax tables (based on your payment date).

 

Although we know that the different payroll process this year has raised questions and a couple of things haven't worked quite as they should, rest assured that payroll in AccountRight is performing correctly.

 

Common questions 

 

Why am I getting a warning about negative leave balances when doing a pay?

 

We’ve been told about a bug that results in a negative leave balance warning message appearing when an employee is being paid leave in the first pay run of the new year.

 

AR 2020 Ent Error.png

 

This is because the employees' leave balances haven't carried over from last payroll year, but they will when you record your first pay.

So, in most cases you can ignore this warning and process the pays as normal.

When you record the pay, your employees' leave balances will carry over from the previous payroll year.

 

Why does my Tax Table Revision Date still say 01/07/2019?

The tax tables are automatically downloaded as required.

So, when you record the first pay in July, the latest (2021) tax tables will be used, after which the Tax Table Revision Date will show 01/07/2020.

 

Why can’t I see FY 2021 in the Period filter in my payroll reports?

 

Once you’ve recorded your first pay for the 2021 financial year, you’ll be able to choose FY 2021 for those payroll reports that have a period filter.

 

AR 2020 P Reg Rep.png

 

 

 

Cheers,
Suja Pillai

Social Support and Community Manager

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