Entering wages paid into Reckon

I'm moving my payroll away from Reckon but will still need to enter the amount paid into Reckon to be able to reconcile with the bank account.
What is the best way to do this? Would setting the other payroll provider up as a supplier and then allocating the wages to a wages account work? Thanks

Comments

Zappy

All you need to do is enter the gross figures every week. Gross wage Tax Super Deductions and so on. Do it as a general journal entry. You dont need a supplier at all.

Diane W

Hi Rachel, I entered the payroll figures into Reckon using a Write Cheque for each payroll, and set up Wages as the supplier. We used to use Payroll Premier for a very complicated Payroll and get the figures into Reckon Desktop this way.

John Graetz

Rachel. The thing though that you need to be aware of is the when you follow the instructions which Kevin has outlined, and then run your BAS, it will not pick up the net salaries etc (including reductions for salary sacrifice super), as the BAS report generates its payroll information for W1 from payroll items. Payroll items only generate information when you run the Reckon Payroll Module, and as such, this will not generate by using a general journal to input you figures. You can setup your Journal in such a way that you can readily use figures from the payroll summary that your new program generates, but this can be a bit complex to set up initially.
John L G

Zappy

As such John, who uses the BAS generated by Reckon to lodge the BAS?

Zappy

Interesting approach Di

John Graetz

I do, Kevin. It works perfectly every time because I have got all of my payroll items setup correctly. I reconcile it against the Monthly or Quarterly Payroll Summary to ensure that everything is setup correctly.
John L G

Zappy

Well done John. I have a spreadsheet for this purpose. I also use it to reconcile the ICA

Rachel Bailey

Hi, thanks for all the replies. I am in NZ and plan of filing my PAYE directly through the new payroll provider so it's really just an entry for accounting.

Rachel Bailey

Hi Diane, did you Write Cheque for tax, kiwisaver/superannuation to handle that part as well? Or do you include everything on one cheque?

Acctd4

Like John, I use the integrated Reckon BAS also for the same reason - It ensures the accuracy of setup.
I also like to have this "BAS" form itself on file (due to my pedantic customised systems/formatting lol)

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

shazinoz2@bigpond.com

www.accounted4bs.com

Rachel Bailey

Hi Shaz, your comment is not a lot of use to me given that I'm in New Zealand and we don't have the BAS setup that Australia uses as my comment above. If you can help me regarding NZ then that would be great.

Diane W

Sorry Rachel, didn't work on Friday. It's been a while but I believe I recorded everything in the 1 Write Cheque.

Diane W

Thanks Kevin. It worked for the organisation I worked for back then, so it was in :-)