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I am in the process of converting a client from Xero into MYOB essentials.
To start I am moving over all payroll information so I am able to start doing the payrun in MYOB as of next week.
I have set up employees and ticked Tax-Free Theshold TAB, however when I go to run a payrun the PAYG calculated is neither that of with tax-free threshold or no tax-free threshold as per ATO tables.
Weekly Wage $1,440 MYOB Essentials is calculating $468
ATO Tax Table is $335 (with tax-free) or $461 (without tax-free)
How do we fix this problem??
Please dont tell me I am going to have to manually adjust each week?
Solved! Go to Solution.
November - last edited November
Must be something in your setup, because when I test it on a file, I get $335 with the Tax Free threshhold.
Have you got something else selected such as HECS?
Thanks for your reply.
I forget to tick Aust Resident for tax purposes - silly me!
Why would you change a client from Xero to MYOB Essentials - bad move.