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✨ What are Qualifying Earnings? Under Payday Super, super guarantee and super payments made under collective agreements, are calculated from an employee's qualifying earnings (QE). Qualifying earnings is a new STP reporting category which includes payments from ordinary hours of work, and some other payments. QE must be…
Happy EOFY everyone! Its that time of year again and if you're starting to get prepared for your EOFY finalisation, then hopefully this tip makes things a lot easier for you. I'm going to highlight a couple of reports that I'd highly recommend utilising to help make your EOFY reconciliation a breeze 🙂 ✨ The STP YTD Report…
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Back in April one of the STP submissions had an error. Due to miscommunication the submission was resent as a payrun - and then as an update (5 times each). The payslips always had the correct pay amount. The STP YTD reporting is missing 1 payrun. How do I fix this. An update with the last pay did not reset the EOFY…
Good morning, Can someone please tell me why my In Lieu of Notice - ETP code that is set to tax tracking Pre June 1983 untaxed O, is showing on the earnings report as Gross but the STP end of year file as net?
Hi Community, I submitted our STP finilastion today and upon reviewing the submission before confirming, I noticed that for most of our employers the super amounts are being reported in the RESC column which is type R. We don't pay any additional reportable super contributions to employees only the SG amount. I can't work…
Hi All, This is the 1st time i have had to pay state payroll tax thru Qld Revenue Office. In the Employee Profile I have ticked the box "State Payroll Tax" and checked the State is correct also. The reports are still only reporting one employee and incorrect balances for the EOFY reports. I am not sure if the "State…
@Rav I didn't see this one coming. I am not sure I like this new layout. I found the old one quite good, but this new one, I think my neck will wear out going from invoice number to the balance due column over and over for each payment. It is also not as clear or easy to read as before. I use this to enter customer…
Gross and Net pay reported In YTD STP Report is higher than the actuals in Payroll Summary Report and Employee Earnings Report. The EOFY STP Checklist suggests (Item 3B in page 2) to process an adjustment. How to fix this.? Edited: corrected typo
This discussion was created from comments split from: Integrated superstream solution for accounts hosted.
The end of financial year finalisation provides the ATO with the final employee payroll figures for the financial year. Check out the how-to video below for an overview of creating an EOFY finalisation and sending it through to the ATO via Single Touch Payroll submission. For an overview on editing previous pay runs, click…
A quick, little tip I've recently learned about downloading files from the My Files menu in Hosted. If you need to download a single file in Hosted, you can simply just click the file name to save and download your file. No need to select the file by ticking the checkbox then selecting Actions ➡️ Download.
From 1 July 2026, employers will be required to calculate and report Super Guarantee using Qualifying Earnings (QE) as part of the ATO's Payday Super requirements. If you haven't completed your setup for Payday Super yet, there are just a couple of steps. ✨ Qualifying Earnings Under Payday Super, super guarantee and super…
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Welcome to the Reckon Community 👋 Hi everyone! Thanks so much for taking the step to join the Community, its great to have you here! 🙌 I've put together some helpful tips and tricks on both navigating and using the Reckon Community platform effectively. Whether you're new to Reckon or a seasoned user, I hope you find the…
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We're really excited to kick off a new weekly series here on the Reckon Community called #TipTuesday Each week a member of the Reckon team will share a little tip, trick or something useful that has flown under the radar that you may be able to utilise with your Reckon software! ℹ️ To easily find our #TipTuesday posts,…
Introducing the Reckon Community Rewards Program! Your contributions on the Reckon Community deserve to be rewarded so we're really excited to introduce the Reckon Community Rewards Program! Kicking off from September 2024, the aim of this program is to showcase and reward the incredible contributions you make in the…
