7 February 202010:07 PM - edited 7 February 202010:14 PM
If I discover an employee over payment in September 2019, for payments received in August 2019, I correct the over payment and establish a Loan for the NET figure. After the correction, the YTD figures would not include the over payment. If in March 2020 I choose to waive the employee's obligation to repay (repaying is an EBA obligation), do I either:
Reverse the original correction, so that the empoyee's YTD figures and Payment Summary includes the actual payments received (i.e. these figures would include the original over payment)?
Let the original correction remain, so that the employee's YTD figures and Payment Summary includes the correct payments received (i.e. these figure would not include the original over payment)? The unrepaid loan is potentially liable for debt waiver FBT.