MYOB Essentials - payroll - allocating bank transaction to payrun

[accounts31]

Hi,

We have 5 employees and have started to process their payslips in MYOB. We then pay them individually from our bank. How do we then link the bank transaction to the pay run? If we allocate the bank transactions to MYOB Wage Expense it essentially doubles our Wages because it counts the pay run and the payment made via the bank.

[Doreen_P · Accepted solution]

Hi, @accounts31 

Thanks for your post, and welcome to the MYOB Community Forum.

When you processed the pay run, what is the payment method used? If it's an electronic payment, you can create the bank file for the processed pay run so that you can match it with your bank transactions. To do this, kindly go to Banking > Prepare electronic payment window > Then choose Payment Type as Pay employees, choose the correct Transactions from and Transactions to date as well as the Account. Once the payroll transactions are showing up, kindly tick the transactions then click Download bank file. You may also check The Help Article: Setting up electronic payments for further information.

Please let us know if you require any further assistance with this. We are happy to assist.

Best regards,

Doreen