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Re: Reckon Accounts Plus new STP
If you're still running Reckon Accounts 2020 and need to continue with your STP submissions then you'll need to upgrade to the current edition of your software which is Reckon Accounts 2021.
The 2021 edition contains the current 2021/22 financial year's tax tables and will also be compatible with the GovConnect service that you're using for STP.
If you've already purchased the 2021 upgrade you can download and install it from the Reckon Members Area which I'll link below. To login to the Members Area you'll need your Customer ID & PIN.
Alternatively, if you give our Customer Service team a call on 1800 732 566 our team will be able to get you sorted 🙂
Rav
Re: Bank Data Import Button Missing
The previous BankData service for Reckon Accounts (Desktop) & Reckon Accounts Hosted was decommissioned on 23 June 2021 and due to that the 'BankData Import' button has been removed from the 2021 release of Hosted.
In its place, a new next-generation BankData service has been developed and is available for Reckon Accounts Hosted. This includes the Fast Coding service that you've been advised of by the support team.
There's more info on BankData - Fast Coding in the article linked below but I believe you may already have it -
Now in regard to the error message Error: Description already exists that you're receiving, this is likely related to the Business Name that you've entered. You may already have a entity/tile setup in the account with the same name which is preventing the registration.
Rav
Re: How can I enter a base pay amount which is paid regardless of hours worked?
Traditionally most payroll systems work off hourly rates. I remember way back in my corporate days the payslip would show hourly rates to two decimal places and hours worked to two decimal places like 7.38 hours per day. I don't think Reckon payroll app is for STP reports only but is primarily a payroll app. However the most recent update to accommodate payroll calculation to more decimal places might solve the rounding issues.
Re: MIGRATING INFORMATION FROM OLD RECKON STP AP TO NEW PAYROLL AP
If you have already finalised FY 2021 from STP App, you do not need to use FY 2021 figures in Payroll App. However if STP App FY 2021 EOFY Report is incorrect you would have to make adjustments for FY 2021 in Payroll App and submit EOFY again.
Employee details are to be edited to ‘complete’ status before Payroll App would use employee in FY 2022 pay runs.
Re: how do I record a loan to an employee
Hi Joanna,
This is how I would do it.
The initial transfer is paid to an other current asset account called Employee loan (you can write a cheque to that employee using that account with no tax code, so it appears in their employee transaction history).
Then set up a deduction payroll item pointing to that asset account for you to enter whilst doing the payroll. Within the deduction payroll item as Charles mentioned, ensure you untick the taxes so it does not affect it and doesn't appear on payment summary, etc.
As the payroll item is created in the current version it should not adjust your super at all. If it does (for whatever reason) just manually adjust the amount back to what it should be.
I hope this helps.
Feel free to email me directly if need be.
Kind regards,
Sally McIntosh (sally@samsolutions.com.au)
Re: how do I record a loan to an employee
Charley
Re: Bank Reconciliation After Allocating Payment
What Shaz is suggesting will help you to rereconcile - if all of your transactions are accurate, and you know they should be because apart from one they were all reconciled before. If you go to the reconcile window and enter the last date, the most recent one, then tick the box up the top to only show transactions up to that date, and then select tick all, you should immediately reconcile all of them in one go.
good luck
Re: Bank Reconciliation After Allocating Payment
@Newbee If you’ve already reconciled the transactions previously (& you keep your transactions accurate/relevant eg don’t have a heap of old, irrelevant ones still sitting there), you can tick the checkbox to show only those for the relevant reconcile period, then select Mark all & it should reconcile to zero. This allows you to re-reconcile in seconds ☺️
Acctd4