gross payment on PAYG Payment Summary different to payroll summary

Suzanne KhouriSuzanne Khouri Member Posts: 19
edited July 15 in Accounts Hosted
Gross payments amount on PAYG payment summary is different to gross amount on Payroll Summary Report - why????

Comments

  • John GraetzJohn Graetz Member Posts: 1,653 ✭✭✭
    edited July 15
    Suzanne  How much are you talking about - a dollar or so (due to rounding) or much more?  Bear in mind that on the Payment Summary, any allowances specified thereon have been excluded from the gross figure.
    John L G
  • Katherine MatthiasKatherine Matthias Member Posts: 5
    edited July 2017
    I have the same problem but it is mission one pay.  Reconciliation Report balances to Gross Pay Report etc but the payment summary's differ.  I have re-built the data files and not fixed ?? 
  • Suzanne KhouriSuzanne Khouri Member Posts: 19
    edited June 2019
    Thanks John.  Holiday loading amounts aren't included in gross payments on PAYG summary.  So from what you are saying all is correct?
  • Lynn GallantLynn Gallant Member Posts: 1
    edited July 15
    I have a discrepency in a Salary Sacrifice amount on a payment summary compared to the Payroll Summary Report - payment summary is incorrect
  • Suzanne KhouriSuzanne Khouri Member Posts: 19
    edited July 15
    Also John,  should the tax tracking on holiday loading be 'none'?
  • John GraetzJohn Graetz Member Posts: 1,653 ✭✭✭
    edited July 15
    Sorry to both of you. I am at a conference today but will respond tonight. John L G
  • TraceyTracey Member Posts: 5
    edited July 2017
    Hi, I am having the same problem. mine is about $35,000 give or take out ??? also the profit and loss statement for EOFY is showing a much higher amount as well compared to the payroll print out. 
  • TraceyTracey Member Posts: 5
    edited July 2017
    sorry I meant my payroll summary and withholding for june is a lot less than the bas statement created in your system.  ???? It is about $35,000 different .. Also the EOFY statement has wages as much higher ?? than what I have added up from the PAYG payments for the past 12mths. ?  Any ideas why ?  Many thanks in advance.

  • RavRav Administrator Posts: 9,768 Administrator
    edited July 2017
    Hi Suzanne,

    How does the Payroll Summary report compare to the Employee Earnings Summary report? Are there discrepancies that you pick there?
  • RavRav Administrator Posts: 9,768 Administrator
    edited July 2017
    Hi Tracey,

    Does a payroll report match the payment summaries?
  • Suzanne KhouriSuzanne Khouri Member Posts: 19
    edited July 2017
    Hi Rav.  Not that i can pick.  On the Employee Earnings Summary, salary plus holiday pay equals Gross Payments on PAYG.Is this correct?
  • Suzanne KhouriSuzanne Khouri Member Posts: 19
    edited July 2017
    Holiday loading isn't accounted for on PAYG payment summary
  • John GraetzJohn Graetz Member Posts: 1,653 ✭✭✭
    edited July 2017
    Suzanne.  Tax tracking should be set to Gross Payments as these days they are taxed at the time of payment.  To set as None, means that they will never be included anywhere on the Payment Summary which is not correct. 
    John L G
  • Shirley IngleShirley Ingle Accredited Partner Posts: 191
    edited July 2017
    Hi Suzanne  One question on this post re Holiday Loading. It is taxed the same as the rest of Gross Wages. Plus these days you do not deduct $320 before taxing. That went out a few years ago. For many other questions, the easiest way to solve some of these is to contact an Accredited Consultant in your area. Believe me it will save you hours of precious time.
  • John GraetzJohn Graetz Member Posts: 1,653 ✭✭✭
    edited July 2017
    Lynn.  Have a look at this Knowledge Base response for ways in which to correct this error, if you are referring to Salary 'sacrifice Superannuation.  I usually have at least one to correct each year:
    http://kb.reckon.com.au/issue_view.asp?ID=5324
    John L G
  • Suzanne KhouriSuzanne Khouri Member Posts: 19
    edited July 2017
    Thanks John.  I was sure that I needed to do that but the advice from Reckon Technical support and from a local Reckon Professional bookkeeper- they set it as none! Very frustrating.
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