Entering wages paid into Reckon

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  • Updated 2 months ago
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I'm moving my payroll away from Reckon but will still need to enter the amount paid into Reckon to be able to reconcile with the bank account.
What is the best way to do this? Would setting the other payroll provider up as a supplier and then allocating the wages to a wages account work? Thanks 
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Rachel Bailey

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Posted 2 months ago

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Kevin Russell, Accredited Partner

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All you need to do is enter the gross figures every week. Gross wage Tax Super Deductions and so on. Do it as a general journal entry. You dont need a supplier at all.
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John Graetz

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I do, Kevin.  It works perfectly every time because I have got all of my payroll items setup correctly.  I reconcile it against the Monthly or Quarterly Payroll Summary to ensure that everything is setup correctly.
John L G
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Kevin Russell, Accredited Partner

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Well done John. I have a spreadsheet for this purpose. I also use it to reconcile the ICA
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Rachel Bailey

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Hi, thanks for all the replies. I am in NZ and plan of filing my PAYE directly through the new payroll provider so it's really just an entry for accounting.
Like John, I use the integrated Reckon BAS also for the same reason - It ensures the accuracy of setup. 
I also like to have this "BAS" form itself on file (due to my pedantic customised systems/formatting lol) 

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com


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Rachel Bailey

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Hi Shaz, your comment is not a lot of use to me given that I'm in New Zealand and we don't have the BAS setup that Australia uses as my comment above. If you can help me regarding NZ then that would be great.
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Diane W

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Hi Rachel, I entered the payroll figures into Reckon using a Write Cheque for each payroll, and set up Wages as the supplier.  We used to use Payroll Premier for a very complicated Payroll and get the figures into Reckon Desktop this way.   
(Edited)
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Kevin Russell, Accredited Partner

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Interesting approach Di
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Diane W

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Thanks Kevin.  It worked for the organisation I worked for back then, so it was in :-) 
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Rachel Bailey

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Hi Diane, did you Write Cheque for tax, kiwisaver/superannuation to handle that part as well? Or do you include everything on one cheque?

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Diane W

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Sorry Rachel, didn't work on Friday.  It's been a while but I believe I recorded everything in the 1 Write Cheque.