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Re: Payroll creating a double up of wages since move from Essentials to business pro
Thanks for your reply Earl_HD Can I ask for some clarification around ' it's likely because you're processing payroll to the electronic clearing account' I dont think I have any choice in how this payroll is processed and coded to the clearing account? Secondly 'and allocating your bank feeds from the bank transaction window' yes I do allocate from here, this is how I have always coded my wages. As per the previous advice from Genreve_S I have recoded (from the bank feed) my wages to the clearing account. Then I have created a journal for the total amount (showing in the clearing account) from the clearing account to my cheque acount. On reviewing my chart of accounts the clearing account is now 0, which is great however this journal has not moved the amount to credit into my wage expense account (where it should be) and my cheque account is now over stated by this amount. Also in my bank reconciliation, this figure is showing out of balance including the wages individual amounts that I just journaled as a total. I feel like Im taking one step foward and two steps back.144Views0likes1CommentRe: Payroll creating a double up of wages since move from Essentials to business pro
Thanks for your reply and advice Genreve_S My employees are already deselected from form bank file payment setting but I am still getting my wages doubled up when viewing bank reconcilation and on my accounts list. I'm trying to understand how journaling the 'wage transactions from the electronic clearing account to the chosen bank account' is correct? surely if the wages are being allocated to the electronic clearing account then they need to be journaled from this account back to the wages account? Would an easier way going forward be to change to payroll settings that the wages are set to the wages account instead of having to journal each time. I looked in the payroll settings and it dosent appear I can edit this anywhere?182Views0likes3CommentsRe: Payroll creating a double up of wages since move from Essentials to business pro
Hi, Im still looking for a solution to this payroll issue. The above advice to ' Open Payroll > Employees > Employee's Name > Payment Details > Payment Method > Cash' does not match my programme (NZ). This is what my employee tab says; Personal Employment Standard pay Leave Pay history I would like to know the correct procedere to process my employees pay via payroll. I dont use bank file, also note that I have one employee paid into 2 x bank acs ( split payment) which wont auto match, another employee is paid in piece work which I process as pay items, this does auto match however both employee wages are showing double up when I do my bank reconcilation. I would really appreciate some help here, I now how about one month of payroll that I cant reconcile.245Views0likes5CommentsRe: Payroll double up since move to new Business pro
Hi, as per the previous advice to allocate from the bank feed to electronic clearing account, then journal the amount form the electronic clearing account ( to the wages expense account ) I have done this as a total figure ( to create journals for each employee is time consuming and less than ideal. I want to point out that another employees wages ( who is not paid via split back ac) is also showing on my bank reconcilation ie as a double up. This 'upgrade' is seriously a step backwards. While is was not perfect before it is now problematic, I should not have to be journaling employee wages done via the payroll each time.262Views0likes0CommentsRe: Payroll double up since move to new Business pro
Hi, the advice here https://www.myob.com/au/support/myob-business/payroll/add-an-employee/myob-business-payroll-split-a-pay-between-accounts To split a pay and pay electronicaly, this advice does not match what is showing on my screen. Under employment > bank account there is only a box to check saying "Pay via electronic payments (bank file)" There is no option to " Set the Payment method to Electronic." Just a side note my bank dosent let me use a csv file or bank file.I still dont understand how preparing and electronic payment replaces my method of entering the info via payroll which deducts the paye, kiwisaver, annual leave etc. Does paying via electronic payments replace the payroll function?334Views0likes0CommentsRe: Payroll payment errors
Hi thanks for your reply, when you say " deleting those transactions first " are you reffering to the transactions I made via payroll? This has implications with my IRD reporting as my paye, kiwisaver etc info has already been sent and filed. Can we take a couple of steps back? Is the method I explained in my first post ( enter pay via payroll , code in the bank transactions as wages expense account) no longer the correct way to process payroll? As I mentioned I dont use bank file I pay my employees manualy into their bank account. Under 'Making Electronic payments' the advice is " let MYOB know that you're going to process the payment electronically. Just make sure you've entered your suppliers' and employees' bank account details into MYOB." I have setup my employees bank accounts under their employee profile, it says to notify Myob that you are paying electronicaly , does this mean bank file or direct credit ( bank transfer) , Im confused about this process, is this replacing the old way I did my pay run? I have unchecked my employees from paying via bank file as this was seding the wages to an electronic clearing account. If this process changed after the move from Essentials to bussiness their was no information about this in the change over notes.65Views0likes0Comments