Pay run paid from wrong MYOB account

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Rebcatpermatt
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Pay run paid from wrong MYOB account

Hi, I have two bank accounts set up in my MYOB (cheque and saver) and I have assinged the wrong account to the Payroll settings, I have done a payrun with this account as the 'paid from',  physically I have paid from the correct account in the actual bank software but  now of course my cheque account won't reconcile as the debits do not show in this MYOB account, - I'm looking to see where I can simply amend the transaction to reflect the correct account but I don't seem to find where or how, any help would be appreciated.

Thanks!

Andy

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MYOB Product Team Haydes
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MYOB Product Team
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Re: Pay run paid from wrong MYOB account

Hi @Rebcatpermatt

 

As you can't edit the Asset account on a Pay after it's finalised, to me there are 2 options:

 

1. Delete the Pays, change the Payroll Settings and re-enter the pays to go against the correct account.

2. Simply create a Spend Money from the correct account to the incorrect account to "transfer" the balance across.

 

For #2, if the total balance of it all was say $2000, create a Spend Money from the account it should have come out of, and allocate it to the account it was incorrectly allocated to on the same date and this will correct the End-Balances for reconciliation. Though you will want to make sure the Spend Money transaction is like it was in real life.

 

Let us know if you have any questions.



Cheers,

Hayden (Ex-Moderator)
MYOB Product Team
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Rebcatpermatt
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Re: Pay run paid from wrong MYOB account

Hi Hayden, the neatest solution there seems to be to delete the pays and re-do.  I appreciate your advice.

Thank you

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