Correct an Underpayment that is Less than 12 months overdue and relates to the Current Financial Year

Aimee Slatter

Dec 12, 2024

1197

After commencing a Regular Pay Run or an Out Of Cycle Pay Run and when composing the Payees Pay, select the relevant Pay Type within Back Payments.

Change the Quantity and Rate, if required.

🎯 If the Rate is incorrect, either the Rate Per Hour / Annualised Salary set in the Payee Master File or the Pay Rate $ (or % of Rate Per Hour) may require updating.

Then, either press the TAB key on your keyboard or select the + button.

The following alert will be displayed.

Select Less than 12 months overdue as the underpayment occurred less than 12 months ago (e.g., the underpayment occurred on the 15th August 2021, the current date is 15th December 2021).

🎯 If the underpayment is Equal to or more than 12 months overdue and less than $1,200.00, please follow Correct an Underpayment that is Equal to or more than 12 months overdue and Less than $1,200.00.

🎯 If the underpayment is Equal to or more than 12 months overdue and equal to or more than $1,200.00, please follow Correct an Underpayment that is Equal to or more than 12 months overdue and equal to or more than $1,200.00.

The following options will be displayed.

Select Current Financial Year as the underpayment occurred in the same Financial Year (e.g., the underpayment occurred on or after 1st July 2021 and it was discovered on or before 30th June 2022).

🎯 If the underpayment relates to a Prior Financial Year, please follow Correct an Underpayment that is Less than 12 months overdue and relates to a Prior Financial Year.

As Current Financial Year was selected, a list of Pay Runs will be displayed, allowing you to select the Pay Periods the underpayment relates to for the correct calculation of PAYGW.

Once the applicable Pay Periods have been selected, select Ok.