my YTD Amount is wrong on the payslips

  • 1
  • Question
  • Updated 2 weeks ago
I have just noticed that the YTD Amount is not correct on the employee play slips. When I do a report the figures are correct on Quickbooks payment summaries. Im am using Reckon accounts premier 2019. The employee wants to show his bank his income to get a loan.
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb

Posted 2 weeks ago

  • 1
Photo of John Graetz

John Graetz

  • 28,864 Points 20k badge 2x thumb
Leanne.  How have you arrived at the conclusion that they are not correct?  What are you comparing them to?
John L G
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
i look at one payslip and the earnings for the year so far is $48,000 but the pay slip is showing YTD $1640
Photo of John Graetz

John Graetz

  • 28,864 Points 20k badge 2x thumb
Leanne.  Please provide details of every line which is showing on the pay slip, giving details under each of the columns EARNINGS & HOURS, CURRENT and YTD AMOUNT.
John L G
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
Salary & jobkeeper $1136  35.5 hours = Current $1136 -  YTD amount $4640
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
The employee let me know as he is going for a loan and the YTD was low
Photo of Kris Williams

Kris Williams

  • 11,404 Points 10k badge 2x thumb
Did you start entering weekly pays in 1/7/19 or did you enter YTD figures at some stage? If so a payment summary might be better as this picks up the YTD figures
(Edited)
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
weekly pays were entered since 1/7/19. I did not enter YTD Figures since then
Photo of John Graetz

John Graetz

  • 28,864 Points 20k badge 2x thumb
If you entered a pay on 1/7/19 that is regarded as being for the 2019/20 year irrespective of whether the hours were accrued in the year to Friday 20/6/2019.
What is the date of the pay slip that you are talking about?  You gave the impression that it is a current pay slip.
(Edited)
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
it is a current pay slip
Photo of Kris Williams

Kris Williams

  • 11,404 Points 10k badge 2x thumb
Ok that blows that idea, have you looked at the payment summary figures?
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb

His YTD should be $48K
  • Have you ever had this employee setup under another (similar) Employee Name (eg due to name/spelling issue with the initial employee setup)?
  • Have you used any other Payroll Items throughout the year?
  • Are all your Payroll Items correctly configured?
  • What is the Pay Period of your screenshot example?
  • What is the Pay Date for this screenshot example?

 

Whereabouts are you based?

You may be best getting a Reckon Accredited Partner out to assist you so that all the possible causes can be investigated & configurations checked.

 

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


(Edited)
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
Thank you Kris Williams. Doing a back up then run rebuild fixed the problem.
Photo of Kris Williams

Kris Williams

  • 11,404 Points 10k badge 2x thumb
That’s great news, congrats
Photo of Leanne

Leanne

  • 194 Points 100 badge 2x thumb
Your a life saver :)