Returned Payment - incorrect bank details
I have paid two separate purchases in two separate ABA files. Both payments have been returned to our bank due to incorrect bank details. I need to pay the invoices again correctly, but how do I allocate the deposit in our bank feeds correctly. This will ensure my bank rec matches. TIA :-)Solved749Views0likes6Comments
Payroll EFT Payments manually processed in bank which is creating a double up in MYOB
Hi All my employees are set up in the Employee card to be paid electronically. However my bank doesn't support ABA files. This is because we pay the labourers from a subaccount within our personal bank account - this subaccount is only used for work expenses though so that I am able to reconcile the account every month. I pay all the labourers manually via this "work subaccount" rather than via an ABA file as my bank doesn't support an ABA file upload. Automatic bank feeds into MYOB are set up for this "work subaccount" because the transactions in this account are 100% work use. Therefore when I make a manual payment from my bank to pay our labourers, the transaction then gets imported into MYOB automatically using the bank feed and I allocate this transaction to 6-4100 Payroll - Wages & Salaries. I run into a problem as the payrun is then double counted in MYOB each time I process it so I create the following general journal each time I do a payrun: DR 1-1171 Electronic Clearing Account xx CR 6-4100 Payroll - Wages & Salaries xx And this journal clears out the electronic clearing account so that the balance is $0 and removes the double count that is made to the Payroll - Wages & Salaries account. I don't want to have to do this every single time I process a payrun. I'm wondering what would happen if I change the Employee card to say that I'm paying the labourers Cash but then doing a manual bank transfer. Would this fix the double up in MYOB? I'm very confused! Any and all help would be greatly appreciated.Solved186Views0likes1CommentError Uploading ABA Payroll File to ANZ - Invalid Account Number for Item 39
We had a new employee commence work recently and today we tried to pay them for the first time. When uploading the ABA File into ANZ, there is an error that says there is an "Invalid Account Number for Item 39." We went back and deleted the transaction and tried again with all employees apart from our new employee and it worked as normal. However, when trying again with just our new employee, ANZ rejected the payroll file again with the same error. We ended up paying him as a "Pay Anybody" and it went through fine so we assume it is an error with MYOB/ the ABA file, but obviously we would like it solve this issue for future pays. Thanks in advanceSolved2.8KViews0likes3Comments
