PAYG payment summary

Emma Sim
Emma Sim Member Posts: 7

Hey


Any one know how to fix this one. Have just finalised wages for 20-21. Everything matches with my PAYROLL summary report except one employees Reportable employer super contribution is incorrect.


Does anyone know how to fix this?

Comments

  • Kris_Williams
    Kris_Williams Member Posts: 3,243 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Is it the entire amount for that employee? Is there anyone else with RESC, and are they correct?

  • Emma Sim
    Emma Sim Member Posts: 7

    noone else has RESC. This is only person doing salary sacrifice and its low by$600. I have checked the report on SS for this employee and confirmed it to be the same on the Payroll summary

  • Kris_Williams
    Kris_Williams Member Posts: 3,243 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Is this a weekly amount?

  • Emma Sim
    Emma Sim Member Posts: 7

    no this it is 3 x weekly amt ($200 per week)

  • Kris_Williams
    Kris_Williams Member Posts: 3,243 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Call me 0415940843 after 2.45.

    is that all that should be there? If none of it is showing I would check the payroll item for RESC

  • Emma Sim
    Emma Sim Member Posts: 7

    Hi Kris

    Found 2 of them already. Looking for third.

    Awesome help. Thankyou.

    Em

  • Kris_Williams
    Kris_Williams Member Posts: 3,243 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Congrats, good on you

  • Emma Sim
    Emma Sim Member Posts: 7

    changed 2 in june and changed them back with success. I'm trying to track the 3rd one. Tried from other end first with no luck. Will have to go through every pay now.

  • John Graetz
    John Graetz Member Posts: 1,650 ✭✭✭

    Hi Emma.  If you go to the following Knowledgebase site, this will provide you with the action that you need to correct the error - it is relatively straight forward - try Option 2. This problem probably tends to rear its head at the end of the year for an odd employee. I have had to correct it on more than one occasion in the past. At least you will be able to determine which pay the problem has occurred in.

    http://kb.reckon.com.au/issue_view.asp?ID=3621

    John L G

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,314 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    As per John's link above, this is a known issue. If you run the Super Report by Employee report & add in the RESC column, you will sometimes find that although there is a RESC line, the amount is not being picked-up in the RESC column. In that case, click on this line to go the relevant pay, "Unlock" the Pay, delete & re-enter the RESC line/amount & then Save it again. When you refresh the report, you should then see it showing correctly 😁

    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

    [email protected]

    https://accounted4.com.au

    (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!)
  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner

    What will be the impact of this on STP?

    Am I correct in assuming that if you have finalised STP for the year, it will have to resubmitted once the error has been rectified?

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,314 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited June 2021

    I wouldn't be finalising until AFTER 30th June to allow for checking/corrections & reconciliation!

    NB: The ATO announced yesterday they are allowing an automatic blanket extension for STP Finalisation until 31st July for those who need it 😊:


    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

    [email protected]

    https://accounted4.com.au

    (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!)
  • Emma Sim
    Emma Sim Member Posts: 7

    Thankyou Shaz. Your comments fixed this RESC problem

  • John Graetz
    John Graetz Member Posts: 1,650 ✭✭✭

    I agree with your approach regarding reconciliations, Shaz. Perhaps i go a bit overboard, but my reconciliations are between payroll and the general ledger, then against STP records and finally against the Annual Payment Summaries. It is only then that I submit my final year STP file.

    John L G