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Payment summary issue

Brie

Gross Pay & FBT amounts are showing incorrectly on the payment summary, it appears to have even changed past years payment summaries also. The gross amount is not the reduced taxable amount and the FBT amount is not the grossed up amount I have entered. I have no idea why this has happened.

Comments

Kwikbooks (Professional Partner)

Hi Brie

Will this help?
https://community.reckon.com/reckon/topics/payment-summary-not-showing-fbt-correctly

Brie

Thank you, it is the same issue however from that thread I cant seem to see how she fixed this issue. All past years have been ok however now, if I go back and generate a past year payment summary, it has changed to be incorrect so I am not too sure what is going on.

Kwikbooks (Professional Partner)

you have to read it all, it does tell you a number of things

try this link:
https://community.reckon.com/reckon/topics/how-do-i-enter-the-grossed-up-reportable-fbt-for-relevant-employees-on-their-inb-payment-summary-i-called-reckon

Brie

Thanks Kwikbooks. I ended up working out what the problem was. The deduction used weekly for our salary sacrifice was set up incorrectly creating the issue. All fixed.