WHM Visa 417


I have entered the tax code into a new WHM worker as 3 instead of 8, & it has deducted too much tax for his first pay. How do I correct that pay?
Answers
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You can unlock the pay and change the tax amount
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Hi @Denise Ibbo
Have you registered as a WHM Employer ?
Tax Code 8-No TaxC & the manual entry of "15" for Tax % ONLY applies to employers who have specifically registered 😬
If that's the case, you can correct these settings in the employee record.
If you've already paid the employee, edit the Paycheque & it should automatically update the tax to the applicable amount. You can then just pay the employee a net topup of the difference.
If the 2 payments are over 2 bank rec periods, I would use a Clearing bank account ("Pay" the original Paycheque out of the Clearing account, then use Write Chq to enter the 2 payments to the employee (from your main bank account, posting directly back to the Clearing account to zero it out - NO tax codes!)
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!)
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Yes i have gone in and registered at ato
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