Trying to do EOFY Report/Summary - but it doesn't add up to the correct amounts.

Jenny Nordon

I am trying to do our EOFY Report/Summary for the 2022 - 2023 Financial Year.

All the summary amounts do not add up to the correct amount (except for tax).

For example the summary for super is $976.25. However when I look into each pay run for this financial year it adds up to $1,043.53. Which is $67.28 out. This is the same for Total Gross Pay and Total Allowances.

I have gone into each pay run and added it all up and get the different amounts. Is there a reason why the figures are different. I did not have this problem with the 2021 - 2022 Financial Year at all.

Rav

Hi @Jenny Nordon

The figures you see in the EOFY finalisation and YTD Summary screens are made up of all pay runs that are marked as paid ➕ any initial YTD balances entered for the employee(s).

There's more detailed info on this in the post below -

https://community.reckon.com/discussion/8031392/understanding-the-pay-summary-balances-in-the-reckon-payroll-app

I'd recommend checking if there have been any initial YTD balances entered for the employee(s) in their profile as a first step to determine if that's where the variance is.