Thank you for visiting our Partner Zone. This area is an exclusive space for MYOB Partners. Find out how to Partner with MYOB.
July 2019
July 2019
I was wondering if there was a way to have the closing balance from the old payroll year for deductions to transfer over to the opening balance for the new payroll year, eg just like the entitlements do?
An example would be:
Looking forward to hearing back from you re this.
Solved! Go to Solution.
July 2019
July 2019
Hi @V_Oliver
What do you mean by "Savings" ? What exactly are you doing?
July 2019
July 2019
We have employees that have funds taken out of their weekly pay run as a deduction and put into a savings account. At the end of the payroll year, the balances in their savings accounts are correct in the liability account but once the payroll is closed for the year, then their balances go back to $0. The employees would like to know how much they have in their savings accounts as a tally, not just for the payroll year.
July 2019 - last edited July 2019
July 2019 - last edited July 2019
Hi @V_Oliver
What you are trying to do is not a Payroll function. Why can't they just look up the balance of their account via online banking, or checking with their bank?
One way that may achieve what you are looking for, is to set up a New Entitlement Category called Savings Account. Make it a user entered amounty, and tick the Carry Remaining Entitlements over to New Year box.
When processingh the pay, also enter the $ amount deducted, as a positve figure in the Savings Account line under Entitlements. You will just have to condsider the amount as $'s. See screenshot.
July 2019
July 2019
No problems, that's great. Many thanks for this information.
by
AL6
2 weeks ago
0
79
|
0
|
79
|
||
41
|
3121
|
|||
14
|
560
|
|||
7
|
744
|
|||
1
|
206
|