Reconciling the Direct Credit Schedule to Other Reports

The Direct Credit Schedule (DCS) report will list and group all components which Direct Credit.

This includes the obvious Direct Credit and Direct Credit Balance components, but also those which have a Direct Credit value / setting, such as:

• Superannuation deductions
• Company medical plan deductions
• Court Fines
• Social Club deductions
• Union Fees
• WINZ deductions
• IRD Arrears
• PAYE Intermediary

Plus any other components your company may create that have a Direct Credit capability.

When reconciling the Direct Credit report to other reports (such as the Company Controls Listing) keep in mind that the total value will not always match, even if the Pay Run is correctly balanced. The cause of this is that the Direct Credit Schedule does not include Reversal Pay Packets. Only the additional Direct Credit amounts from Adjustment Pay Packets are included.

As a result, when trying to match the DCS to other reports you may need to manually account for any reversal Pay Packets in the Pay Run.

The Banking Reconciliation Report was specifically designed to help search for these differences.

When looking at the DCS, if you have selected "Show Totals" when running the report then a list off all totals will be shown on the final page which can be used to compare to other reports / General Ledgers. If your component has the "Bulk Direct Credit" attribute assigned, then the individual amounts from various pay packets are combined into one value and paid as a single amount. These can also be seen on the penultimate page of the Direct Credit Schedule along with the bank account and particulars.