Year End Adjustment for Super and PAYG

[KK28]

Hi 

I am hopeful someone can please guide me how to complete a year end adjustment for PAYG and

Superannuation? 

Thank you

[Princess_R]

Hi @KK28 

Thank you for your post. I'd like to extend you a warm welcome to the Community Forum. I hope you find it a valuable resource.

As for your concern, I'll give you these Help Article, Prepare your activity Statement manually and Enter end- of -year adjustments, these two articles has the detailed information to assist with this.

Please let me know if you have further questions about this, I'm happy to assist.

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

Cheers,

Princess

[KK28]

Thank you @Princess_R 

The accountant has given me adjustments to make for the year end financial year 2022.

I don't know how to input this. 

So one account for example needs to balanced   -$2,124.89.

How do I record this? 

Another account need to be balance at $6,651.00

How do I record this?

Thank you. 

[Princess_R]

Hi @KK28 

Thank you for the reply. As we're not an accountant we are not permitted to provide financial advise. It would be best to speak to your accountant on how to record this. However, may I know what are these balances? 

Cheers,

Princess