- Created by admin, last modified by AdrianC on May 13, 2016
https://help.myob.com/wiki/x/Pwic
ANSWER ID:11165
AccountEdge Pro and Network Edition, Australia only
If there are amounts showing on the Pay Liabilities window which have been paid, it means they may have been incorrectly paid using a Spend Money or General Journal transaction.
To permanently remove these amounts, you'll need to process them through the Pay Liabilities window, then record a reversing general journal transaction to avoid overpayment.
Here's how to do it:
- On the Pay Liabilities window, select the amounts to be removed. Here's an example:
- Go to the Edit menu and choose Recap Transaction. The Recap Transaction window appears. Here's an example:
- Take note of the accounts and amounts being debited and credited.
- Click Close.
- On the Pay Liabilities window, click Record.
Because you've already paid these amounts, the next task describes how to record a general journal transaction to ensure your accounts don't show that these amounts have been paid twice.
- Go to the Accounts command centre and click Record Journal Entry.
- Record the details of the journal entry:
- use the same Date as the Pay Liability transaction you recorded earlier
- enter a Memo which explains the purpose of this journal entry
- debit and credit the applicable accounts
- use the N-T tax code for each line as this transaction is not reported on the BAS
- ensure the Out of Balance amount is zero
- Click Record.
This will post two entries against your bank account, so when reconciling you can mark off both the deposit and withdrawal amounts as reconciled.