Duplicate data in Profit and Loss

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Cobey
Cobey Member Posts: 13

Hi

If we run a profit and loss report it includes unpaid super and PAYG under the relevant payroll expense account.

If we create a liabilities payment cheque for June's Super expenses in September, it will include those paid figures again in Septembers profit and loss report.

is there a way around this?

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  • Kris_Williams
    Kris_Williams Member Posts: 3,393 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    That is correct. The expense amount for Super is the total for the year, the super liabilities account will be the same figure for each period and will ultimately be Zero when all liabilities are paid but the expense account will reflect the total super for the year and increase with each pay