Hello,
I have a few issues I could use some help with please.
1-We used to have an employee who worked for us and due to this we created an expense account so we could transfer the bills and payroll amount to that account.
As her services are no longer required we no longer use that account and have closed it.
However we are noticing that all the payroll amounts- now coming out of our chequing account are showing up as unallocated with nowhere to allocate.- No, they are not reconciled. I checked allocation rules to copy what has been done before but that is empty.
How do I allocate this to the weekly pay?
Also should I now delete that expense account on myob or can I just leave it until the end of the financial year?
2- As I was coming to the conclusion of the above- I hastly took four payroll transactions and allocated them to the payroll- expense account. Yes, a big no- no. How do I fix this and get this back to un- allocated?
Thank you.