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sus1965
Contributing Cover User
14 Posts
Contributing Cover User
Australia
Contributing Cover User

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STPR

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.??

2 REPLIES 2
sus1965
Contributing Cover User
14 Posts
Contributing Cover User
Australia
Contributing Cover User

14Posts

0Kudos

0Solutions

Lump Sum E payment

Hi 

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 

Sam_R
MYOB Moderator
2,887 Posts
MYOB Moderator
MYOB Moderator

2,887Posts

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Re: Lump Sum E payment

Hi @sus1965,

 

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. 

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Kind regards,
Sam

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