Reconcile your payroll account balances
Check your payroll accounts on a monthly basis before filing with Inland Revenue as well as doing a full year review before filing your March payment at the end of the full financial year.
- Go to Reports, then click All Reports.
- Click Account Summary report.
- Select your PAYE Liability Account and the month range you wish to review.
The amount displayed will be PAYE outstanding.
- Repeat this for the Wage Expense Account and the Wages Payable Account.
At the end of the financial year, April - February should be 0.00 and March should reflect any PAYE outstanding as at 31 March. If not, you need to check that you have reconciled all your payroll transactions correctly.