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Denise Ibbo
Denise Ibbo Member Posts: 3 Novice Member Novice Member

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

  • Kris_Williams
    Kris_Williams Member Posts: 4,277 Reckon Hall of Famer Reckon Hall of Famer

    You can unlock the pay and change the tax amount

  • Acctd4
    Acctd4 Accredited Partner Posts: 4,208 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited February 2024

    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!)

  • Denise Ibbo
    Denise Ibbo Member Posts: 3 Novice Member Novice Member

    Yes i have gone in and registered at ato