Payment Summary Gross amount includes salary sacrificed amounts

Saint Pauls Boronia

Payment Summary Gross amount includes salary sacrificed amounts in total.  Is there an easy fix it for last year?  I have now set it up correctly, so it will not happen again, but I need to amend last years Payment Summary for one employee

Saint Pauls Boronia

This reply was created from a merged topic originally titled Reckon Hosted :Payment Summary Gross amount includes salary sacrificed amounts in.... Using Reckon Accounts Hosted. A Payment Summary Gross amount includes salary sacrificed amounts in total. Is there an easy fix it for last year? I have now set it up correctly, so it will not happen again, but I need to amend last years Payment Summary for one employee

Linda ABC

Hi there - if you check the payroll item for the salary sacrifice - and work through the various settings - one of them is called Tax Tracking Type - I suspect this is set to None - if you change it to Gross Payments - then the Payment summary should display the correct totals.
Cheers Linda

Saint Pauls Boronia

Thank you Linda, this has solved my problem.

Linda ABC

Great!  

Alan Dowling

Hi, I have set up salary sacrifice for an employee as per the Reckon video on you tube. My tax and net pay have reduced, and the amount sacrificed appears on payment summary under RESC. My gross pay amount has not changed. Is this correct?

John G

Hello Alan,

Following the instructions of the video you should get Gross Payments reducing on the Payment Summary.

Please check the setup of your Super Salary Sacrifice item again.
In your Employee Record, delete and re-input the Super Salary Sacrifice item 

Try again.

Hope you get a better result.


regards,
John

Alan Dowling

Hello John,
If I drill down on weekly payments the gross has reduced correctly by the amount salary sacrificed but this doesn't reflect on the weekly payslip. Should his gross amount have changed on his payslip?
Regards
Alan

Kapunda5373

A couple of staff members Salary sacrifice. This amount hasn't reduced their gross or has been included on their payment summaries. Do I have it set up incorrectly in Reckon??

Acctd4

@Kapunda5373 Please check the info & link above where the info to assist has already been provided

Kapunda5373

This doesn't answer my question and is no help at all - what above link??

Robyn Kelly (Partner)

Here is a You Tube video:

https://www.youtube.com/watch?v=brX9p6aHevM

About 50 seconds through is where you need to look to make the item attached to Gross Payments. Please be mindful this video is 5 years old and rules have changed in regards to superannuation. a) superannuation is now 10% and b) the rules changed that employers can no longer reduce the super guarantee amount by the salary sacrificed amount. Please also see this help note to make sure you do not reduce the compulsory 10% super: https://help.reckon.com/article/d3c1u2qp5a-kba-5763-how-to-stop-reducing-sg-from-salary-sacrifice-new-law-effective-from-1-jan-2020-in-reckon-accounts

Regards

Robyn Kelly

Accredited Partner - SA

Acctd4

Did you try the suggestions above (to check the configurations of your Payroll Items) ?