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Payroll Overpayment, closed period

  • November 6, 2024
  • 4 replies
  • 136 views

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  • Jr Varsity III

Hi,

We have processed overpayments to 4 employees. Payments have been made. The period has been closed off.

Does anyone have experience in recovering payroll overpayments through MYOB Acumatica, and can provide a bit of a step by step guide?

Unfortunately, the system does not allow negative amounts or figures for any payroll codes/items. It is also very difficult at manually adjust PAYG tax in this system.

I have tested a newly created Pre-Tax Deduction code which kinda works, but I can’t adjust the PAYG tax. And this would not 100% correctly reflect the reversal.

 

Best answer by HManmatharajan41

Hello!

 

Please refer bellow help article.

https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=81c86417-3bde-444b-8f1c-682928d31a0c

4 replies

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  • Author
  • Jr Varsity III
  • December 24, 2024

Bumping this question.

Does anybody have experience with recovering overpayments once the period is closed?


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  • Author
  • Jr Varsity III
  • January 1, 2025

Hi, what is this link?


Chris Hackett
Community Manager
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  • Acumatica Community Manager
  • January 4, 2025

@CCC - that is a link to our help resources on help.acumatica.com