Payroll Reversal

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Contributing Cover User
7 Posts
Contributing Cover User
Australia
Contributing Cover User

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Payroll Reversal

I processed our payroll and then realised the tax tables have been updated.  I meant to reverse the transactions in MYOB to re-do but I have deleted them instead.  How do I get the information to the ATO that I have deleted the transactions?  If I do another process payroll for the correct wages, it's going to go through to the ATO twice?

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MYOB Moderator
4,484 Posts
MYOB Moderator
MYOB Moderator

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Accepted Solution Solved

Re: Payroll Reversal

Hi @Nicole_S 

 

Thanks for your post. STP updates the YTD amounts each time you declare a payrun so when you process and declare the correct pays those YTD amounts will be updated. This post has detailed information that you may find helpful: How does STP work?

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Cheers,
Tracey
Previously @bungy15

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