I’m trying to process payroll on MYOB as described on page 158 but the software doesn’t want to allow me because I’m not in the ‘current period’. I have my Payroll Year set as 2013 – do I have to change this to 2017/2018 to be able to carry out the task? Also, the current Tax table would be different than that used in the manual, what are the correct net amounts I should be arriving to if processed correctly?
Yes if you are trying to use 2017/2018 dates to process payroll then you will need to rollover the payroll years. The tax tables will be slightly out, so your PAYG figure will be out by maybe $2.00. You can override these manually by typing in the payslip when doing payroll.
You are not assessed on payroll in this assessment, so it will not effect you at all.
Feel free to call the student support line if you wish to discuss any of the above.
Hi there, I am having similar issue in regards to net amounts when processing the pays on page 152. I’m using the 2012 dates so no issues there.
I’m sure I have entered all items correctly, but my net amount is off by approximately $4. I assume this is because of the tax tables loaded?
Will this be an issue when I submit my print outs?
If you are working through the book then this is just for learning, you do not submit any learning activities. The assessment for FNSBKG404 does not cover payroll command center so this should not effect you when you issue printouts for the assessment after you complete the assessment activities.
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