Payroll Net Pay Account Trace
Hello, I have a client who does payroll in MYOB Essentials. The gross pay is registered in the Wages expense account. Hardly any of the Net pay is in the Electronic/Payroll Clearing Account. The Net pay is paid out from the bank and dropped in the Bank Transactions section to code in. As of now, I have parked them in a temporary account. However, I would like to trace that if the payroll is passed through the Payroll option - the Net pay should hit a liability account which in this case is not happening. Can you please guide how to check or reset the accounts if possible so the Net pays paid from the bank is coded correctly? The Gross Wages, super, and PAYGW accounts are running correctly. The issue is the Net pay. Thanks