rounding payroll liabilities

Fiona Papworth
Fiona Papworth Member Posts: 8
edited September 2019 in Reckon Accounts (Desktop)
Just wondering if I can remove the cents from the payroll liabilities ? It shows I owe .05 cents, but wanting to remove this as it may put further balances out

Comments

  • Sharon Jones
    Sharon Jones Member Posts: 1
    edited April 2018
    Hi Fiona, did you ever resolve this issue?
    I have recently started working with a business and have discovered a similar issue which dates back to 2014. I want to tidy up my accounts before EOFY.
    Cheers
    Sharon
  • Fiona Papworth
    Fiona Papworth Member Posts: 8
    edited November 2018
    No, never resolved..

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,366 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited September 2019
    Hi Fiona & Sharon

    You can adjust the Payroll Liability Item(s) (Employees > Payroll Taxes & Liabilities > Adjust Payroll Liabilities) & choose to affect corresponding liability accounts at the same time.

    Alternatively, you can enter a GJ just to clear the account(s) only.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    shaz@accounted4.com.au

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)