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Question

Payroll Overpayment, closed period

  • November 6, 2024
  • 4 replies
  • 56 views

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  • Freshman II
  • 10 replies

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.

 

4 replies

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  • Author
  • Freshman II
  • 10 replies
  • December 24, 2024

Bumping this question.

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


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  • Author
  • Freshman II
  • 10 replies
  • January 1, 2025
HManmatharajan41 wrote:

Hi, what is this link?


Chris Hackett
Community Manager
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  • Acumatica Community Manager
  • 2754 replies
  • January 4, 2025

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


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