Paying one staff member from two accounts

This thread is now closed to new comments.
Some of the links provided in this thread may no longer be available or relevant.
If you have a question please start a new post.
Highlighted
Contributing Cover User PAYROLLHELP2015
8 Posts
Contributing Cover User
Australia
PAYROLLHELP2015
Contributing Cover User

8Posts

0Kudos

0Solutions

Solved: Go to Solution

Paying one staff member from two accounts

Hi,

 

Our business has two centres which come under the same ABN, they have separate company files on MYOB and payroll is done separately and paid from individual bank accounts. We have some staff members who are working at both therefore need to be paid from each centre. What is the best way to do this when it comes to MYOB and entering correctly. If they are set up in both company files and paid from each then they will receive two group certificates, will this affect their tax come end of financial year?

 

Thanks

3 REPLIES 3
Ultimate Partner ronatbas
2,000 Posts
Ultimate Partner
Australia
ronatbas
Ultimate Partner

4528Posts

3269Kudos

717Solutions

Accepted Solution Solved

Re: Paying one staff member from two accounts

@PAYROLLHELP2015

 

An employee who is getting two pays for one week will be undertaxed and as you have pointed out will get two payment summaries from the one entity.

Can I suggest that you need to use jobs on the file that is normally used for payroll and that the split up is done as you do the payrun. The monies can all be paid from this entity and the portion from the other entity can be transferred across as a reimbursement for wages paid.

Ron B
BAS Group
03 95588477

info@basgroup.com.au
Making MYOB work for you
Contributing Cover User PAYROLLHELP2015
8 Posts
Contributing Cover User
Australia
PAYROLLHELP2015
Contributing Cover User

8Posts

0Kudos

0Solutions

Re: Paying one staff member from two accounts

Ok great thanks for that.

 

Just a quick question when you say use jobs on the file that is normally used for payroll do you mean setup a new payroll category for example Base Hourly - Centre 2 and enter the hours worked at the other centre here?

Ultimate Partner ronatbas
2,000 Posts
Ultimate Partner
Australia
ronatbas
Ultimate Partner

4528Posts

3269Kudos

717Solutions

Re: Paying one staff member from two accounts

@PAYROLLHELP2015

 

That would work just as well as Jobs. One thing to check when using multiple payroll categories is that your super is picking up the Gross Pay (less overtime and leave loading). If it doesn't get to the magic 9.5% the only method I know is to get into your super and set the limit to 9.5 %, but this has its dangers with new staff and those who earn less than $450 in pay period.

BTW - Jobs can be very useful for many things (other than Payroll) where you need to apportion income or expenses to two or more entities.

Ron B
BAS Group
03 95588477

info@basgroup.com.au
Making MYOB work for you
Didn't find your answer here?
Try using advanced search to find a post more easily Advanced Search
or
Get the conversation started and make a new post Start a Post