payroll not same as salary in P & L


I have been paying a staff member his wage less the amount of invoices he has bought in our company name for himself. What I have been doing is creating a deposit from staff member from account 6560 salary and wages . That lowers his wage paid but the wages in P & L do not match payroll totals.
I reconcile the bank accounts by ticking the credit amount of goods sold and his normal wage so it cancels out
Answers
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Are you reporting his purchases with a GST related code , typically NCG?
This throw things out
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Hi @Jenny Byrne
You need to have a (net) Deduction-type Payroll Item on his Paycheques for this. Link it to a Clearing Bank Account, then Receive Payment for his Invoices depositing back to this Clearing account.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***
* 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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I have totally mucked up. I do need to set up the deduction in the payroll list and then I will have to change all his paychecks. Is that possible?
GST needs to be looked at as well.
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Yes, you can edit (Unlock) each Paycheque to correct this.
The GST should be on the Invoices themselves so isnβt relevant to the actual (payment) deductions βΊοΈ
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***
* 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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