W2 data
The data inn the W2 tab is showing the change amount on the balance sheet between last 2 quarters not the current quarter payg deductions. How can i correct this.
Comments
-
You can't. W2 in the Simplified BAS/IAS Report is always the net movement.
For the purposes of your activity statements it is best to source your W2 amount from the Payroll Summary Report
0 -
Thanks Bruce that is what I did to complete the BAS
0 -
@ChannelDirect Unlike the Income & GST labels, the W1 & W2 figures are populated from the source accounts so if you're using Clearing accounts or have any adjustments/entries posting to those, the W2 pre-populated figure will be incorrect.
I always use a customised Payroll Summary for cross-checking my W1 & W2 figures & when necessary, will manually overwrite the pre-filled label amounts as per this report.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
1
Categories
- All Categories
- 6.8K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 18 📢 Reckon Payroll - Announcements
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 73 About Reckon Community