rounding payroll liabilities

Fiona PapworthFiona Papworth Member Posts: 8
edited September 2019 in Accounts Business Range
Just wondering if I can remove the cents from the payroll liabilities ? It shows I owe .05 cents, but wanting to remove this as it may put further balances out


  • Sharon JonesSharon Jones Member Posts: 1
    edited April 2018
    Hi Fiona, did you ever resolve this issue?
    I have recently started working with a business and have discovered a similar issue which dates back to 2014. I want to tidy up my accounts before EOFY.
  • Fiona PapworthFiona Papworth Member Posts: 8
    edited November 2018
    No, never resolved..

  • Acctd4Acctd4 Accredited Partner Posts: 992 ✭✭✭
    edited September 2019
    Hi Fiona & Sharon

    You can adjust the Payroll Liability Item(s) (Employees > Payroll Taxes & Liabilities > Adjust Payroll Liabilities) & choose to affect corresponding liability accounts at the same time.

    Alternatively, you can enter a GJ just to clear the account(s) only.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Partner (AP) Bookkeeper * Regd BAS Agent (No: 92314 015) *

    ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

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