Accounting for a superannuation payment that was returned

Adam McEvoyAdam McEvoy Member Posts: 3
edited August 2019 in Accounts Business Range
Reckon Accounts Premier 2018

Folks,
I am trying to work out what to do with a superannuation payment we made from the first Qtr of this calendar that has only just been returned to me in the last month (i.e. Qtr 2).  Apparently the employee has given me incorrect fund membership details.

I am doing my June bank reconciliation and need to work out how to adjust the payment of the original liability and of course put through the correct payment details again.


Any help is most welcome,
Adam

Comments

  • ZappyZappy Accredited Partner Posts: 4,425 ✭✭✭
    edited August 2019
    Deposit it back to the liability account Superannuation payable.
  • Adam McEvoyAdam McEvoy Member Posts: 3
    edited July 2018
    Thanks Kevin, I have done as you suggested.  When I go to do a custom liability payment and need to make this payment again into the employees correct account I can't see this amount showing up as to be paid.

    Should I be doing a journal of some kind or is there a better way given it is not in the custom liability screen?

    Thanks again,
    Adam
  • ZappyZappy Accredited Partner Posts: 4,425 ✭✭✭
    edited August 2019
    Adam when you pay it just post it to the liability account. Ignore the pay liabilities
  • Adam McEvoyAdam McEvoy Member Posts: 3
    edited July 2018
    Will do.  Thanks Kevin

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