Amounts from payroll incorrectly posted to the Cash Account
Description of Issue
When reviewing some financials cash management reports, it looks like a payroll from December is throwing off the cash amounts.Â
Context
- Munis
- Payroll Start and Status
- GL Distribution Journal
Cause
Negative deduction amounts were manually entered into a payroll for an employee with no pay amounts, which forces the system to think the employee is benefits only and posts to the cash account.
Resolution
- Manual journal entries will need to be made to move the amounts to the proper expense and liability accounts.Â
- Follow the recommended Deduction Refund procedure instead of manually entering negative deduction amounts.Â
- Use Refunding Deductions within Payroll documentation.
Additional Information
When negative deductions are entered into Earnings and Deductions in payroll with no pay amounts, the system automatically thinks the employee is benefits only and posts their expense and withholdings for the deductions to the cash account, which will throw cash off.Â