Reckon is producing ETP Payment Summaries for people who did not receive one. How can I fix this pl

Elise YungElise Yung Member Posts: 18
edited September 2019 in Accounts Hosted
ETP Payment Summaries

Comments

  • Elise YungElise Yung Member Posts: 18
    edited July 2018
    Hi,  Can anyone advise please if these can be deleted or if I were to submit the Empdupe file as it is  to the ATO it wont cause an issues????
  • John GJohn G Reckon Staff Posts: 2,288 ✭✭
    edited July 2018
    Hello Elise,

    What are the circumstances of the employees you are being given the ETP summary i ncorrectly?

    Did they have an ETP payment the previous FY at the end of June?

    Did they have a unique payroll item that has inadvertently been given an ETP Tax Tracking Type?


    regards,
    John

  • Elise YungElise Yung Member Posts: 18
    edited July 2018
    Hi John,

    I have 19 extra employees receiving a nil balance ETP Payment Summary. 

    These are all of the employees I have terminated in this financial year who were either casual and didn't receive any form of termination pay or received their balance of annual leave paid out as a lump sum payment. 

    I have one employee accurately reporting an ETP Payment Summary.

    I have used the same payroll items as previous years and this is the first time it has been a problem.

    Thank you
    Elise
  • Elise YungElise Yung Member Posts: 18
    edited July 2018
    No previous ETP Payments were made to these employees most of them were only employed within that financial year.
  • John GJohn G Reckon Staff Posts: 2,288 ✭✭
    edited July 2018
    Thanks Elise,

    Please review the payroll items used and their Tax Tracking Types - only ETP payroll items should use these tax tracking types:

    image

    Hope this helps.

    regards,
    John
  • Elise YungElise Yung Member Posts: 18
    edited July 2018
    Thanks John,

    This is the Payroll Item I have used, it is setup correctly.  When I went in an added a release date to the employees card file it automatically created an ETP Payment Summary for them.image
  • John GJohn G Reckon Staff Posts: 2,288 ✭✭
    edited July 2018
    Thanks Elise,

    I notice in your list a Redundancy - Genuine payroll item using an ETP Tax Tracking Type (TTT) - please review this as I am of the understanding that a Genuine Redundancy amount is tax free up to the limits specified by Fair Work, and uses a TTT of Lump Sum D payment (on the INB).  Amounts that exceed the Fair Work stipulations are an ETP payment, so a redundancy payment may need 2 payroll items.  Payout for unused Annual Leave on termination uses the Lump Sum A TTT.

    regards,
    John
  • Elise YungElise Yung Member Posts: 18
    edited July 2018
    Thanks John,

    I can amend that code if necessary but I'm not using any of them.  May of these codes were setup prior to my employment and are incorrect. The code I am using should be going into Gross Payments as per setup. 

    The employees receiving an ETP in error only received one when I entered a release date in their card file.  If the codes I used were setup wrong they should have received one regardless not just when a  date was entered.

    Thanks Elise
  • John GJohn G Reckon Staff Posts: 2,288 ✭✭
    edited July 2018
    Thanks Elise,

    To issue an ETP Payment Summary the employee must have a release date set in their record AND have used a payroll item with an ETP Tax Tracking Type.  Its quite possible if a payroll item is incorrectly using an ETP TTT then it produces a zero amount for ETP and consequently will print a zero ETP Payment Summary.

    You will have to identify which payroll items are using an ETP TTT (you can see them on the Payroll Items List) , determine whether they are correctly used, then identify the employees (FastReport on the payroll item) that used a payroll item incorrectly assigned an ETP TTT and make a correction. 


    regards,
    John.  
  • Acctd4Acctd4 Accredited Partner Posts: 895 ✭✭
    edited September 2019

    Hi Elise

    This is an auto-occurrence due to necessary entry of the required termination date.  If no ETP-specific amounts/values have been used, all the ETPs are blank & are therefore irrelevant eg you don't need to give someone/lodge a summary of all $ 0.00s. 

    Hope that helps to clarify :)

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

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