Reverse a pay run and STP in current FY

Hi. I need to reverse 2 pay runs which have already done STP lodgements. As I can’t enter negative pay cheques in Reckon and then send those for STP which would balance out the incorrect pay runs, how can I reverse these correctly in Reckon Accounts Hosted and STP. Thank you.

Accepted answers

All comments

Tanvi_kataria

Hi @KGibbs

You can unlock the pay run and make changes as required. Once changed, lock the pay run and re-submit the STP as an Update event for the edited pay run.

Please check this out - Update Event - Reckon Help and Support Centre

I hope this helps. please let us know if any concerns/issues. Thank you!

Regards

Tanvi

KGibbs

thanks Tanvi. The pay runs need to be removed completely. So can I edit these to be $0.00 pay cheques? I didn't think that was possible to issue NIL value paycheques in Reckon?
can they be VOIDED instead and then re-submitted as an Updated Event?

Acctd4

@KGibbs STP doesn't report each pay run's totals independently. Instead, it simply updates YTD balances each submission.

If these Pays didn't actually occur, just delete them. Providing the applicable employees are still current, when you next pay them, the YTD balances will automatically be updated, reflecting this correction in that STP submission 😊

KGibbs

Thanks. However these employees won’t be paid again in Reckon. So i need to reverse these pay runs and submit an updated event to removed these payruns from STP associated with Reckon in October. I can’t enter a negative pay cheque, or it seems a NIL paycheque. Any help would be appreciated. Thank you.

Kris_Williams

When you do the EOFY submission next year it will update. You can’t do a nil pay, but you could adjust the pay to be .01 gross and .01 tax, and then update

Acctd4

@KGibbs You should still delete the Paycheques if they didn't occur.

As Kris said, when you Finalise next year, it will pick up this adjustment in the balances. Alternatively, you can submit an Update Event now, to reflect this reduction.

KGibbs

thank you. Yes I’d like to submit an updated event but how do I do this if there are no Pay cheques? (After deleting them.) Or do I delete them, then run a finalise year in Reckon and that will automattically pull the lower balances accross (essentially removing them from STP at the same time?)

Kris_Williams

you would have to process a pay to resubmit an update event, but you would have to lodge it for 01 in and tax out 01. I can’t remember if you can run an EOFY for individual employees only

Acctd4

You can finalise at any time so best option is to delete the incorrect additional Paycheques then just submit the Finalise Year file for that employee only (by only ticking their name) 😊

Acctd4

" … Or do I delete them, then run a finalise year in Reckon and that will automatically pull the lower balances across (essentially removing them from STP at the same time?) …"

Apologies @KGibbs, I missed this earlier …. but yes, that's exactly it 👌🏻👏🏻😊

Reckon Accounts Hosted Announcements & Important Info

Don't miss announcements and important info for Reckon Accounts Hosted

Button

Reckon Accounts Hosted Ideas & Feature Requests 💡

Do you have an idea for a feature in Reckon Accounts Hosted? Let us know here!

Button