Changing, removing and reversing paycheques

Paycheques Overview > Changing, removing and reversing paycheques

Occasionally, you'll find it necessary to make a change to a paycheque you've already recorded. Unlike most other types of transactions in MYOB Accounting Plus, once a paycheque is recorded, you can't directly change it. However, you can change a paycheque if you remove or reverse the entire paycheque and then write a new paycheque that contains the information you want.

There may be times when you simply want to remove a paycheque. When this is the case, you can quickly remove the effects of such a transaction from your records. When you remove a recurring paycheque, the paycheque is removed from your list of recurring paycheques only. Any transactions you recorded using a recurring paycheque you remove won't be affected.

An important point to consider is if the paycheque is changeable or unchangeable. If the transaction is changeable, you can remove the cheque altogether from your ledger.

Unchangeable transactions work differently. By reversing an unchangeable paycheque, the effects of the original will no longer be part of your ledger; however, a record of the reversed cheque, called a reversing transaction, will remain. Then, if you want, you can enter a new, correct transaction to replace the one you reversed. See What are changeable and unchangeable transactions? for more information.

Click below for the step-by-step procedure:

To change a recurring paycheque's name or frequency

To change a recurring paycheque's line items & other information

To remove a paycheque

To remove a recurring paycheque