We need to reverse payroll entries from 2020 and enter them into a different employee - T4A's only. Is this possible? I can't seem to void or enter payroll cheques in 2020.
We need to reverse payroll entries from 2020 and enter them into a different employee - T4A's only. Is this possible? I can't seem to void or enter payroll cheques in 2020.
Hi @Susiebee,
Thanks for reaching out. Did you ever find an answer to your question? KB 59995 has details on how reverse the earnings of an employee.
To reverse all earning off an employee in the payroll module you will need to do a negative timecard.
To move amount to sharesholder account you will need to do a manual journal entry in general ledger to credit the bank account and credit the shareholder owning account. If you are unsure on doing this journal entry please take to your accountant.
Hope this helps!
Warm Regards,
Erzsi
Hi @Susiebee,
Thanks for reaching out. Did you ever find an answer to your question? KB 59995 has details on how reverse the earnings of an employee.
To reverse all earning off an employee in the payroll module you will need to do a negative timecard.
To move amount to sharesholder account you will need to do a manual journal entry in general ledger to credit the bank account and credit the shareholder owning account. If you are unsure on doing this journal entry please take to your accountant.
Hope this helps!
Warm Regards,
Erzsi
*Community Hub is the new name for Sage City