Thank you for visiting our Partner Zone. This area is an exclusive space for MYOB Partners. Find out how to Partner with MYOB.
We have started paying our employees via one payment through ANZ. Now when the transaction comes in via the Bank Feed, I'm not sure how to allocate it.
When we used to make separate payments, MYOB Essentials used to automatically allocate it to the Payroll transaction. But now it won't let me.
As an example:
Employee 1: $250 wages
Employee 2: $300 wages
Employee 3: $350 wages
but it shows as ONE transaction in our bank feed transaction of $900.
Any suggestions on what account to allocate the $900 to?
Solved! Go to Solution.
If you have a Bank Transaction of the total of all pays, you can match this transaction to the multiple payments by following these steps:
1. Click onto the arrow next to the Bank Transaction (The $900 entry in this case)
2. Click Match transaction
3. Set the Filter by to All Transactions
4. This will show all unreconciled transactions that are equal to, or below the total amount. You should be able to find the PY transactions for the payrolls. Simply tick those boxes and click "Save" to match these.
We have an online help article that goes through the steps of this which includes screenshots, I have included the link below:
Please let us know how you get on!
MYOB Social Support