AU Payroll - Link deduction pay item to bank account
Please create a deduction for payroll that can be linked to a bank account. Currently deductions can only be managed via balance sheet and/or by adding reimbursement to enable it to be transferred via EFT. Quickbooks and some other payroll software have this ability and it makes life so much easier and clearer for the emlployee too.
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Tammy Denaro commented
I am sure I have raised this in the past and it has dropped off the planet. We have novice bookkeepers preparing payrolls and deductions being correct through the bank line in the pay run is a massive issue as it needs to be changed in the bank details and the pay template, this needs to be simplified by having the bank line option available when entering the deduction. I'm getting very frustrated trying to reconcile and have employees owe money back to the employer or the employee being owed a refund. It is far too clunky.
I worked with Attache many years ago and their options for this far exceed the more modern Xero system, you were able to enter the amount to deduct per pay, enter a bank account for it to go to if required and if it was to pay a set amount and then cease you could also enter this amount and the deduction would automatically cease once the amount had been repaid.
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Dina Hartono commented
im sure this is the case for a lot of people as well. i'm surprised if no one has ever reported this before.