Correcting an Overpayment in a Closed Period

If an employee was overpaid in a previous financial year or previous closed period, you can still adjust the pay.

When creating the adjustment pay, set the the journal entry transaction date to an open period. This date will be used for all negative and positive journal transactions. You also need to submit a Single Touch Payroll (STP) update event, as you would for other scenarios for the relevant financial year.

For details on creating an adjustment pay and setting the transaction date, see Adjusting Pays.