Overpayment of Salary Sacrifice to superannuation

barbtasker1950_10859924

Can you advise how I fix an overpayment of Salary Sacrificed Superannuation.. I have to pay back to the employee approx $3,000. Incorrect information has been lodged with the ATO via Single touch payroll. Under the payroll item list the code cannot be changed to a positive amount. either. Any suggestions. Thanks

Acctd4

* To correct the Payroll Liability:

Use the “Adjust Payroll Liabilities” feature (under Employees dropdown Payroll Taxes & Liabilities) to reverse the Payroll Item out for the relevant pay period.

* To correct STP (After adjusting the payroll liability as per above):

Generate & Submit an STP Update Event for this.

* To pay back the employee:

Create a Write Chq (because you don’t want this showing/affecting payroll) in the employee’s name & post to the applicable Expense account (NO tax code!)