Incorrect tax file category how to fix payruns
I have set up a new payroll for a client and one of the employees selected thw incorrect tax category when onboarding and has been over taxed. I was only notified of this after 4 payruns how do I go about correcting this. Thanks in Adavance Janelle McNairSolved22Views0likes5CommentsAuto allocating tax from income categories
It would be fantastic if you were able to automatically portion money from an a paid invoice for tax purposes. I know this might not work until business bank accounts are connected directly to the app, but even a way to record what percentage of the income needs to be ringfenced for tax would be incredibly helpful.17Views0likes2CommentsAttention NZ Accountants โ have you booked your place at our free Practice Tax Update 2024 webinar?
Join Jody Sitters, Community Relations Manager for Accountants, and Jack Yeung (CA), Solutions Consultant, to learn about the latest legislation changes and updates within your MYOB Practice Tax software. Earn 10 Partner Program status points for attending, plus if you share a photo of your watch party on social media during the event, you can be in the draw to win a $500 office shout (T&Cs apply). ๐ Register now and set yourself up for success in the new financial year: https://lnkd.in/gDjtSsJHATO Tax Refund for Sole Trader
Hello Community, Hope you are all well. Could someone help me with the correct way I should "Receive Money" for a refund my boss received this year? I want to make sure the account it is distributed to is the right one before I complete my week's reconciliation. So this is slightly time sensitive. I thank you in advance for your time and assistance. P.S. I note we have bold and underline in our Community Forum, however Myob still hasn't put this in the area where we enter invoices...Solved352Views0likes1CommentMedicare levy surcharge 1% - additional withholding
I have a new employee who has elected for an additional 1% tax withholding to cover any Medicare levy surcharge for this financial year. I don't see an option to do this in AccountRight. I know there's a field for Extra Tax as a $ value, but not extra tax as a %. Please advise what I should do. Thanks! I have attached a screenshot of the employee's Tax withholding and medicare levy variation selections.Solved1.1KViews0likes5CommentsAO 2121.0 v 5.4.38.41 plus Prefill error 2021 - Object reference not set to an instance of an object.
Hello, There is an individual client whom prefilled and done previous years without any problem. This year prefill gets error; System: MYOB AO Tax Version: 2121.0 v 5.4.38.41 Error code: - Summary: Error saving downloaded prefill information. Detail: Object reference not set to an instance of an object. I searched previous tickets. There was a known issue for some cases but his situation does not fit. He is not over retirement age or nor getting super stream income. Will appreciate your support on this matter. Thank you, Sevtap (Suzie)889Views1like2CommentsTaxes - Variation
Hi, I have had a request from an employee to update their tax witholding as follows: Claim tax-free threshold: Yes Additional withholding percentage: 2.00% Education loan withholding: Higher Education Loan Program(HELP) Medicare levy variation: No variation There is no option in MYOB to do this, it can either be - Tax-Free Threshold + HELP - this option doesn't allow me to enter in an additional witholding variation rate. OR Withholding Variation - this option doesn't allow additional tax-free threshold + HELP Can someone please assist/advise on what I need to do? Thank you!Solved1.3KViews0likes3CommentsTax2020 Salary and wages multiple payment summaries
Hi all, Completing a 2020 tax return in MYOB AE Tax - I have 5 payment summary schedules and only 3 are coming through to the estimate calculation page, hence tax calculation is incorrect. All are coming through the form and showing correctly, but the final 2 payment summaries gross income amounts are missing from my estimate calcuation. Funny, but the tax on these payment summaries is coming through the estimate? I have deleted the schedules and re-input twice, still doesn't come through correctly. Please help as this will effect a lot of our clients very soon. Thankyou925Views0likes1Comment