How do I process re-paid Net Salary from Employee
Comments
-
If the employee has re-paid the whole of his pay you could consider deleting the original transaction and replacing it with the revised transaction.
You will need to lodge a STP update file and also you will need to be very careful with your leave balances0 -
I don't think you should delete the original pay, just edit the pay run for this employee and then update the stp. You will need to pay him for the pay run if he has already repaid you for the previous pay.0
-
yes, Glenda's suggestion is super sensible0
-
Hi Denize
My preference is to pay the 'wrong' pay as a “Write Chq” posting directly to your “Employee Wages” expense account with no tax code. Then simply record the repayment as a “Deposit” posting back to the same account. This offsets/clears this part.
(You may get a warning about paying an employee via Payroll – this is fine)
TIP: Stand-alone Deposits drop-out the “Payee” name meaning the transaction doesn’t automatically show in the Payee’s transactions list. This is a long-term (very annoying!) glitch but is easily rectified by simply locating the transaction in the bank account register & selecting/adding the Payee Name there & re-saving by clicking “Record”.
Then, amend the date of the employee’s actual (amended) Pay & re-lodge the STP for this J
This ensures all transactions are captured & all accounts are balanced.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)
Accounted 4 Bookkeeping Services
Ballajura, WA
0422 886 003
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
(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!)
0
Categories
- All Categories
- 6.7K Accounts Hosted
- 16 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 8 📢 Reckon Accounts Desktop - Announcements
- 1.5K Reckon Payroll
- 38 📢 Reckon Payroll - Announcements
- 15 Reckon Payroll Help Videos 🎥
- 28 Reckon Mate App
- 2.7K Reckon One
- 13 📢 Reckon One - Announcements
- 12 Reckon Invoices App
- 23 Reckon Insights
- 100 Reckon API
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 70 About Reckon Community