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Lump sum E payroll I have to enter several fianncila years of back pays I am aware of how to work out just not sure if I enter as I pay or do I need to enter a pay for each year of back pay ie 16-17 & 17-18 etc.??
I am not sure re Lump Sum E payments that I am making for backpays that relate to several different years.
I know that I need to create categories for the years,but do I just enter the 1 pay and note the breakdown gtoss figure for each year and lump the payg on the 1 pay or do i need to do a pay for each year??
Kind regards Saskia
Thank you for your post.
I wouldn't be able to advise whether these payments should be recorded separately or on 1 pay, however, I do know that software will only allow you to enter pays for the current or previous financial year. I recommend asking your accountant or the ATO on that matter.
Additionally, I do have some helpful articles below that may shed some light on your query:
If you had any further queries that I could assist with, please do let me know.
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