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Payroll Journal Fortnightly - MYOB(AU) Process

After processing the Payroll Payment proceed for Payroll Journal Payroll Journal- Fortnightly- Process • • Click Use recurring Select Payroll Journal- Fortnightly

After processing the Payroll Payment proceed for Payroll Journal Payroll Journal- Fortnightly- Process • • Click Use recurring Select Payroll Journal- Fortnightly

1

Step 1 of 15

<ul><li><p>After processing the Payroll Payment from bank feed </p></li><li><p>Process Payroll Journal</p></li></ul><p></p>

After processing the Payroll Payment from bank feed
Process Payroll Journal

2

Step 2 of 15

<p>Payroll Journal- Fortnightly- Process</p><p></p><p></p>

Payroll Journal- Fortnightly- Process

3

Step 3 of 15

<ul><li><p>Click Use recurring Select</p></li><li><p>Payroll Journal- Fortnightly</p></li></ul><p></p>

Click Use recurring Select
Payroll Journal- Fortnightly

4

Step 4 of 15

<p>Change date– Payroll date as per excel sheet</p><p>• • •</p><p>Change Memo - as per excel sheet </p><p></p><p>Update figure – As per excel sheet If all matches click Record.</p><p></p>

Change date– Payroll date as per excel sheet

• • •

Change Memo - as per excel sheet

Update figure – As per excel sheet If all matches click Record.

5

Step 5 of 15

<p>Same process - Super Payable -Fortnightly</p>

Same process - Super Payable -Fortnightly

6

Step 6 of 15

<p>Same process - Super Payable -Fortnightly</p>

Same process - Super Payable -Fortnightly

7

Step 7 of 15

<p>Same Process - AL & LSL -Fortnightly</p>

Same Process - AL & LSL -Fortnightly

8

Step 8 of 15

<p>Same Process - AL & LSL -Fortnightly</p>

Same Process - AL & LSL -Fortnightly

9

Step 9 of 15

<p>Same Process - AL & LSL -Fortnightly</p>

Same Process - AL & LSL -Fortnightly

10

Step 10 of 15

<p>For reconcilition </p><p>Go to Payroll </p><p></p><p>Mark all Clear transactions Click reconcile</p>

For reconcilition

Go to Payroll

Mark all Clear transactions Click reconcile

11

Step 11 of 15

<p>Note - Same process for other balance sheet account to do a reconciliation</p><p></p><h1><strong>Loan to Employees</strong></h1><p></p><p>Interest loan Journal Entry Use Recurring In search type interest Select Interest – </p>

Note - Same process for other balance sheet account to do a reconciliation

Loan to Employees

Interest loan Journal Entry Use Recurring In search type interest Select Interest –

12

Step 12 of 15

<p>Use the current interest rate date</p><p>Always change date as per excel date (example 7/11/2024 to 6/11/2024)</p>

Use the current interest rate date

Always change date as per excel date (example 7/11/2024 to 6/11/2024)

13

Step 13 of 15

<p>After clicking the record always match the excel figure on loan account in account list MYOB</p>

After clicking the record always match the excel figure on loan account in account list MYOB

14

Step 14 of 15

<p>Use the current interest rate date</p><p>Always change date as per excel date (example 7/11/2024 to 6/11/2024)</p><p>Put the figure amount in the Journal of interest 13.64 then click record.</p>

Use the current interest rate date

Always change date as per excel date (example 7/11/2024 to 6/11/2024)

Put the figure amount in the Journal of interest 13.64 then click record.

15

Step 15 of 15

<p>After clicking the record always match the excel figure on loan account in account list MYOB</p><p>Sample:
Excel
MYOB</p><p>3,849.42
3,849.42</p>

After clicking the record always match the excel figure on loan account in account list MYOB

Sample: Excel MYOB

3,849.42 3,849.42