Why does the ‘loan’ amount appear as a negative amount in my payslip’s deductions box?
When the payroll system recognises that you have been overpaid, it will list the overpayments in your payslip’s retrospective payment box and the total – which is a gross amount – will also appear in the ‘Brought Forward’ section on your payslip. It is important to note that the overpayment transaction(s) that appear in the retrospective payment box are not described as ‘loans’, but are identified based on the nature of the adjustment. The payroll system is designed to automatically recover amounts that have been overpaid. However, Queensland Health’s policy is to contact employees regarding any overpayments and agree a repayment schedule prior to recovering any overpayment amounts. To allow this to happen, the payroll team create a manual transaction on your payslip to offset the overpayment record that is appearing in the retrospective payment box. The manual transaction created by the payroll team appears in the deductions box and will read ‘Loan $(G1 net)’ and will appear as a nega
