How would you recommend dealing with off payroll payments in Xero please in respect to recording NICs and PAYE paid at source? I was told manual journals but not clear on what the debit and credit entries would be. Thanks.

Great explanation and easy to understand

Thankyou, very helpful. The help instructions in QBO do not explain it like this

Is this MYOB AccountRight Plus?

With the example were there is no invoice this all makes sense but will there not be an issue with fees such as Square or After pay that include GST if you are adding a negative to that bank fee account, would you not then miss out come BAS time on claiming back that portion of the GST on your fee expense? For example lets say the example of $210.00 sale with a $10.00 Fee from Square which is inclusive of GST Allocate $210.00 to Sales (GST on Income) Allocate -$10.00 to Square fees (GST on Expenses) How do we then ensure that the GST from the fee/expense is accounted for and claimable on my BAS for GST on Expenses ? I have been looking through so many videos and I cannot seem to find the answer.

i love you sir, i can do my assignment now :D

I have Premier 12 and I was ecstatic that I did the bat workaround...but I still have the Initialisation Error - wah wah wah wah

I do love a youtube fix that actually works. Thanks heaps.

what will happen if u forget to take back up

Thank you! Your advice about making sure the right name was in the client name´s field was critical. I was stuck because I wasn´t able to apply the credit to an existing invoice.

Xero UK only allows a payroll deduction to be booked to a "liability" account - Xero Oz seems to let you book the deduction to any account

Is this process the same for Brand new and 2nd hand vehicles?

This is old shchool and old video need to be updated, reconcile using bank feeds : can't find that video. should have link in this discription

Unfortunately I applied the overpayment to an expense account. Now that I'm reconciling the bank account, I am stuck with an expense that causes the bank account to not balance. This overpayment was part of a group of invoices paid by one customer. How do I go back to fix this without deleting the entire group of invoices and starting over? This is payment from 2023 and we're just now reconciling our accounts. 😵‍💫

So timely!!! Thanks a lot for this.

thank you so much

Thank you!

thanks a lot very simple and understandable

Really good video. Thank you from the UK :)

Thank you. The best Xero video I so far

You're a life saver, am a small business owner who does my own accounting and your videos are very helpful, especially for doing tax reporting. I appreciate you mate, thanks for doing this!

Thank You - worked

Thank you!! Worked perfectly to fix the same issue encountered after installing MYOB v18 on a PC running Windows 10 :-) You are a superstar!

Can you please tell us how to book fixed asset register with car limit ( if the car is over car limit) and the GST implication.

This saved my bacon this morning, thank you, legend.

Thank you very much for your explanation, this is very clear and easy to understand. Besides the vehicle, I find that Xero automatically listed the "Non-GST portion" as unregistered Fixed Assets (in the Draft tab). Should I register this as an asset without depreciation, or should I do something differently? Thanks!

Hi, how do we process PPL when the dates go into the new financial year and the daily rate changes?

Thank you!!!! I didnt know what to do when I couldnt open my file.

Absolutely a life saver!! Thank you. Worked perfectly

Thank you for explaining, MYOB need to work hard on their UI/UX modules! comparing it to other software

Thanks for that. Just wondering why the total super at the top of the screen doesn't reflect the extra 450? I'm trying to do similar and when I go to payroll super to add a payment, the extra RESC amount does not appear. Any suggestions?

Great video

great detail .... can I ask a Q about general receipting in Xero. Client marks as paid, I reconcile later. Does the payment need to be marked against invoice first or can it simply be done at reconciliation stage. Seems like a double entry. Is that right. In other software, you to create a receipt/deposit first, then reconcile, but it looks like Xero is different. or am I missing something in the process? Would appreciate some clarification thankyou.

So greatful for your help. Thank you!

Great explanation, very simple to understand. Please keep creating valuable informative videos.

Thankyou so muchh it really works

Sweet, I understand it finally ! Thanks Bro ! Would like to see how to salary sacrafice on a car and laptop or general living expenses.

thankyou, it works

Can you show how to reverse as now with STP you can’t delete pay run only reverse thanks

How to reconcile a past overpayment, that was two different invoices paid twice, under reconciliation. They have issued a bank payment with 1 refund line in two different batch payments

Thank you this worked great saved me

I want to create an aba file, how can I do this?

Thanks, great vid.

For anyone watching this video: 1:25 - Paid Parental Leave is 100% reportable as W1 on Activity Statements 7:55 - Since you'll be receiving the funds before you're paying your employee, Paid Parental Leave funds should NOT be assigned as revenue. Quote from Services Australia • Paid Parental Leave scheme Employer Toolkit: In accordance with Australian Accounting Standards, you must treat Paid Parental Leave funds you get from us as a liability. This is until you have provided Parental Leave Pay to your employee. You shouldn’t account for Paid Parental Leave funds as revenue or Parental Leave Pay as an expense.

Thanks a lot! Was looking for a reference to update my purchase which is not gst registered but unlike MYOB, Xero doesnot have the Not registrered option.

What you're looking for starts at 4:15

you wouldnt have any miracle work arounds for using MYOB accountright V19 on windows 11 (64 bit email programs) as i cant email remittances, etc from MYOB with Win11 now ??

Super easy to understand. How do we then send the credit note to the customers accounts team?

Thank you so much and if you could please show how to pay super using myob would be the great help.

That is so helpful, Thank you so much.