Super

kaylittle

Super is not appearing on the payment summary. Obviously something in setup. Can someone tell my how to fix it please.

Rav

Hi @kaylittle

You've created this post in the Reckon Accounts Hosted category, can I just confirm that is the software you're using?

Kris_Williams

I still use the Payment Summary to make sure things like allowances and RESC figures are correct. In case you’re not aware RESC is salary sacrifice and as Zappy said is the only super that gets shown on the payment summary and of the EOFY STP submission.

Kris_Williams

I use a number of reports, but I like the familiarity of Payment Summaries, and won’t be able to use them from next year I believe. Doesn’t really matter which one to use a long as they all give the same, correct information I’m after

Kris_Williams

If you’re asking me Kevin, I do use the EOFY process of course

Kris_Williams

Nope but there’s nothing wrong with looking at them

Kris_Williams

Got plenty of that, in lockdown. Actually if you read Kaylittle’ s question it was in regard to Payment Summaries, I was just answering her question, not judging her

Kris_Williams

Nah I don’t! …………...

Acctd4

I still like to reconcile against Payment Summaries pre-STP Finalisation. These allow for checking/fixing any STP mapping issues!

We are in the business of ensuring accuracy & compliance Kevin & - until we have a mapping report available - when I’ve not been the person who’s actually set up the STP, the Payment Summaries are very useful.

Kris_Williams

I don’t wait till the end of the year either, usually check quarterly or if I make a major change to payroll

Kris_Williams

No they do, I create payment summaries throughout the year to check - mainly RESC figures

Acctd4

Personally I have specific modified reports that I run for every STP submission to ensure everything balances each lodgement but if I go to a client for EOFY & as I said, I’ve not been the one to set up their STP (or been processing it!) cross-referencing via the Payment Summaries ensures all figures are going to the correct labels.

Kris_Williams

Perhaps not necessary, just a personal choice

swakhlu01 .

wonder all this actually helped the user who raised this query in the first place.

kaylittle

So regardless of everything else others do. My question was answered I think. The payment summary does not show the super paid even though there is a space for it on the payment summary. So if the employee wants a payment summary they get one without the super showing even though it appears on their pay slip.

Kris_Williams

that Is correct. The space you are referring to is only for RESC - salary sacrifice super not super guarantee.

kaylittle

Thank you. Such clarity Kris. Appreciated.

kaylittle

Thank you Zappy. First time with employees. I have done bookkeeping for many years but when I saw this I obviously had no idea.

kaylittle

I have a diploma in bookkeeping but many years ago. Things change all the time. I am 70 yo. I don't do much anymore just for my brother and son.

Bruce

@kaylittle starting point to learn about legal requirements is https://www.tpb.gov.au/bas-agents

Acctd4

Just to clarify further … Having the Cert IV alone isn’t sufficient - The requirement is actually to be a Registered BAS Agent, the Cert IV just forms part of the eligibility for that.

However, ANYONE can do BAS work, you just can’t charge a FEE to do it without being a BAS Agent. If @kaylittle is only doing work for her brother & son for free, there’s no (legal) issue with that ☺️