Fringe Benefits Error

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SueCurtis
SueCurtis Member Posts: 2 ✭
edited March 2021 in Reckon Accounts (Desktop)

We have noticed that the fringe benefits amount for one of our employees at week 1 2020/2021 is incorrect. How do we correct this error?

It wasn't a payroll error but appears to be a carry over error.

Please help?

Sue

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  • Acctd4
    Acctd4 Accredited Partner Posts: 3,421 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Bit confused by what you mean by "carry over error" as the Fringe Benefits amount has to be manually entered (eg it doesn't auto calculate like gross pays, PAYGW, Super etc) ?

    You would need to go into the pay that it is entered on & edit the amount. However .... I'd recommend proceeding with caution if this figure was entered by someone who understands FBT as the amount reported gets grossed-up on the employee's pay so will likely be (correctly) higher than the actual benefit value!

    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

    shaz@accounted4.com.au

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    (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!)

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