Occasionally, you'll find it necessary to make a change to a paycheck you've already recorded. Unlike most other types of transactions in MYOB AccountEdge, once a paycheck is recorded, you can't directly change it. However, you can change a paycheck if you remove or reverse the entire paycheck and then write a new paycheck that contains the information you want.
There may be times when you simply want to remove a paycheck. When this is the case, you can quickly remove the effects of such a transaction from your records. When you remove a recurring paycheck, the paycheck is removed from your list of recurring paychecks only. Any transactions you recorded using a recurring paycheck you remove won't be affected.
An important point to consider is if the paycheck is changeable or unchangeable. If the transaction is changeable, you can remove the check altogether from your ledger.
Unchangeable transactions work differently. By reversing an unchangeable paycheck, the effects of the original will no longer be part of your ledger; however, a record of the reversed check, 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 paycheck's name or frequency
To change a recurring paycheck's line items & other information
To remove a recurring paycheck
To remove a paycheck that was recorded using a previous version of MYOB software
Paychecks Overview - Changing, removing and reversing paychecks