Overpaid employee - not enough tax deducted - how to rectify?

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Lee_8688889
Lee_8688889 Member Posts: 84 ✭✭
edited July 2020 in Accounts Hosted
Prior to the (new/only) casual employee's details being put into Reckon Hosted, the employee's deductible tax was calculated by hand using the FY19 tax tables instead of FY20.

Now that the numbers have been put into Reckon and we can see that not enough tax was deducted for 4 weeks. Is there a way to rectify the discrepancy in Reckon? Should we create some type of adjustment for the shortfall of tax deducted and then apply this adjust to the next paycheque?

Many thanks, 

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  • John Graetz
    John Graetz Member Posts: 1,651 ✭✭✭
    edited July 2020
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    Lee.  My opinion is that you do as you have suggested, that is, for the next pay that you make, manually adjust the amount of tax to be deducted so as to bring it up to where it should be for the year to date.
    John L G
  • Lee_8688889
    Lee_8688889 Member Posts: 84 ✭✭
    edited December 2019
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    Thanks John

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