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Reimbursing an employee for paying a company bill

I've recently moved from sole trader to company structure and I'm now using Reckon.

I had some bills and expenses that required payment before the first income came through and I paid these personally looking to reimburse once payment has come in.

These bills and payments occurred in one BAS quarter. I only received payment on the last day of the quarter and now my reimbursement will occur in the next BAS.

How do I enter these expenses (I think ok), record payment (not sure) and do the reimbursement in Reckon (I can reimburse but don't know how to link this to paying of the bill).
Which BAS quarter do I record the GST paid in - the one I paid personally or the one the reimbursement to me from company funds occurred in?

Alternatively, if you have links to this already being answered, much appreciated - I'm not sure I know the keywords to search for.

I'm working with Reckon One and Reckon Payroll

With thanks.

Tigrando

1

Why Does The Gross Cost on Item List Change?

We store some of our frozen stocks at an external cold storage facility. We issue a bill to the facility noting the quantity and since there is no cost to the facility, we edit the cost to ZERO.

Upon completion of the bill, we noticed that when we go to the Company Item List on our Inventory Part, the Gross Cost is Automatically changed to zero.

This has only occurred with our Enterprise 2024 update.

Would appreciate advice to rectify this.

Thank you.

Martin Teh

1

broken link to Westpac Bank in Online Banking Centre for Reckon Accounts?

The link to Westpac Bank (AU) appears to be broken,

"https://businessonline.westpac.com.au/esis/Login/SrvPage"

other links on the Online Banking Centre for Reckon Accounts page are working fine.

davidp

1

Updating Annual and Personal Leave Accruals

When we migrated to Reckon One/Reckon Payroll, the incorrect balances were bought over from the previous application. How can i update?

Peta Lane_9173307

1

Re: Updating Annual and Personal Leave Accruals

Hi @Peta Lane_9173307

Head into an employee's profile ➡️ Click on the Leave tab ➡️ Click Edit on the respective leave item ➡️ A window will appear that allows you to edit the leave item setup including current available hours.

Example below 👇

Rav

1

Re: Backup

Hi Leanne_7663246,

I am glad it worked out for you.

Feel free to reach out anytime.

Best regards,

Karren

klaura

1

Re: Backup

Thanks Klaura, that worked I can see them all now in the backup log in the dashboard

Leanne_7663246

1

#TipTuesday - Are you using payroll with Reckon One? 📢 Don't miss important info & updates!

Its Tuesday which means we've got another tip and this week, its for our awesome Reckon One users! 🎉

If you're using payroll with Reckon One, don't miss out on receiving announcements about updates and other important news for Reckon Payroll!

Its really easy to stay updated on the Reckon Community, simply ensure you've added Reckon Payroll along with Reckon One under My Reckon Software in your Reckon Community profile and you'll automatically be notified as soon as new announcements are published!

Click HERE to go to your Reckon Community profile settings to add your software if you haven't already.

That's it, its that easy! 🙂

Rav

2

Re: Statements increased exponentially month to month, won't email. How do we fix this?

Cheers.

Yes, on the day this happened a rebuild and verify had been completed after doing an accountants copy but we can always do another one.

I'm looking at the mapi thing now and will advise if that corrects the problem or not.

MarcTechnado

1

running batches through BEAM clearing house

Hello, If I am using the BEAM clearing house and pay Super Guarantee payments quarterly, can I run a batch before the quarter expires and leave the batch in the "awaiting payment" status, or do I need to wait for the end of the quarter before I can proceed to run the batch and send the payment so that BEAM has all the pay runs for the quarter? I am anticipating that I may have some errors I have to fix when I click "validate". Can I run the batch before the end of the quarter so these can be fixed. I'm new to using the BEAM clearing house so I'm uncertain on the finer details. Thanks

redman

1