If you receive the error message Balance record missing, the Include Balance Record option should be selected.This section of Preferences controls the company file backup and QuickBooks data file paths. You also enter a contact name if you want to print your Payment Summaries on plain paper.
To change the default backup path of your company files, you can do the following:
1 In Backup Drive, type in the drive letter of where you want your company files backed up to. The drive letter defaults to A, this is your floppy disk drive.
2 In Backup Name, type in the path where you would like your company file backed up to and the file name that you want the backup file to use. Elite Payroll defaults this to backup\{Filename}.QPB
If you selected the þ Link to QuickBooks box in the General Preferences, and you select a QuickBooks file from the Data File drop-down list on this window, Elite Payroll will automatically send your payroll information across to QuickBooks. You then need to tell it what to send using the export option under the Activities menu.
When you send your EFT files (also known as ABA files) to your bank you need to ensure that the Include Balance Record option is set correctly for the bank.
The default setting will work in most cases, however if your bank does not require a self-balancing line you should uncheck the Include Balance Record box. If you receive an error message from your bank when attempting to transmit your EFT file, you may need to change this option according to the error message you receive from your bank.
If you receive the error message Balance record missing, the Include Balance Record option should be selected.
If you receive the error Balance record not required, the Include Balance Record option should be cleared.
Elite Payroll provides you with two choices when printing Payment Summaries. If you wish, you can continue using the pink Payment Summary stationery provided by the ATO. You may however, have initial problems getting the first Payment Summary to line up on the dot matrix pink ATO forms.
The second option is to print your Payment Summaries on plain paper—no more worries about trying to line up Payment Summaries. You will then be required to lodge the ATO copy electronically, by creating an EmpDupe file. You can also print the payroll administrator's name on these Payment Summaries so you don't have to physically sign them, as long as the payroll administrator is one of the people who signed the application form.
Branch Number - If your business has more than one branch, enter the number of the branch you are filing for.
These details will automatically be included into the EmpDupe File window when you produce your electronic Payment Summaries at the end of the financial year.
Contact Name – This is the name that will appear as the Authorised Person on the Payment Summaries, and in the EmpDupe file.