Can I create an invoice for PAYG/GST rather than using the Manage tax button. I need to be able to do payments off rather than full payment

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Can I create an invoice for PAYG/GST rather than using the Manage tax button. I need to be able to make payments rather than full payment, it's making reconciling the bank account rather interesting, also for Super one invoice for the Clearing account.  Just need to know how to enter this so it balances.
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Susan Baker

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Posted 1 year ago

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John G, Information Support Analyst

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Hello Susan,

Thanks for asking.

Payroll and Tax payments do need to be made through the specific modules provided by the software to ensure that registers and reports for those areas are adjusted and reported correctly.  

Invoicing those payments separately will be recorded in your ledger accounts, and P&L and Balance Sheet reports will be correct, but these amounts will not be reflected in Payroll and Tax reports and modules.  

You can make partial payments on your commitments through these modules - they will reduce your outstanding balance on relevant items.  

Payments like Super Clearing Houses and online payments of pays, where you make one payment but have multiple entries to the individuals in your programme, are best made through bank clearing accounts and then balanced with a Bank Transfer so that your bank ledger account has one entry that can be reconciled to your bank account statement.

Hope this helps,


regards,
John.