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Reconciling Payroll

SJ2504
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SJ2504

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Reconciling Payroll

Ive been trying to reconcile the Payroll. This is a new file. The account on my settings was incorrect during the whole last quarter. I have now updated the account. Now that I am trying to reconcile the matching payroll transaction is not coming through.

 

Can someone suggest a way I can match these up? 

3 REPLIES 3
Ultimate Partner IanChait
790 Posts
Ultimate Partner
Australia
IanChait
Ultimate Partner

790Posts

617Kudos

156Solutions

Re: Reconciling Payroll

Hey @SJ2504

 

Can you explain im more detail what the actual issue is. What settings were wrong, and what are you trying to reconcile?

 


Regards
Ian Chait CA
Certified Consultant Melbourne
P/M 0417 479 585
Email ian@myfc.com.au

SJ2504
2 Posts
User
SJ2504

2Posts

0Kudos

0Solutions

Re: Reconciling Payroll

Hi Ian,

 

Thanks for your reply.

 

Im trying to code the wages. It would normally come up with a match on the bank transaction page however, it is not because the payroll setting for the bank account paying wages was put to the incorrect account. I made the change to the right account and saved. I assumed changing it to the right account would rectify the issue but it has not. 

 

Would you have any advice on how to match these payroll payments to the payruns i have completed? 

Ultimate Partner IanChait
790 Posts
Ultimate Partner
Australia
IanChait
Ultimate Partner

790Posts

617Kudos

156Solutions

Re: Reconciling Payroll

Hi @SJ2504

 

Changing the settings will not change postings retrospectively. 

 

Since the payments are recorded as coming out of a different account in the chart, the simplest way is to allocate (not match) the payments on the bank feed screen to the same account that the transaction were recorded to (ie the incorrect account). 

 

Hope this helps.

 

 


Regards
Ian Chait CA
Certified Consultant Melbourne
P/M 0417 479 585
Email ian@myfc.com.au

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