ETP not showing in STP in Reckon Business Premier

Hi

I have done an ETP payment, and I'm pretty sure I've used the correct payroll item. However the ETP payment is not showing in the STP file. Please see attached screen shot. Can someone please assist with this issue?

Thanks

Linda


Comments

  • Acctd4Acctd4 Accredited Partner Posts: 891 ✭✭✭

    Hi Linda

    Firstly, you need multiple Payroll Items for ETPs as they have up to 3 components:

    • tax-fee
    • concessionally taxed (eg generally at a lower rate)
    • taxed at your marginal tax rate

    In order to ensure they are reported & taxed correctly, they each need to be allocated accordingly in the "Tax Tracking Type" window.

    If you do a search within the in-product Help (Help > Reckon Accounts Help), this will give you some more info on that.

    Lastly, you need to ensure you "Terminate" the employee within RAH before you export the STP run as this Termination Date carries across for STP purposes. 

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Partner (AP) Bookkeeper * Regd BAS Agent (No: 92314 015) *

    ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

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