Super

kaylittle
kaylittle Member Posts: 7

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

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,384 Community Manager Community Manager

    Hi @kaylittle

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


    ℹ️ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.

  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

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

  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Nope but there’s nothing wrong with looking at them

  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Nah I don’t! …………...

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,404 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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.

    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

    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!)
  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

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

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,404 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    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.

    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

    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!)
  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Perhaps not necessary, just a personal choice

  • swakhlu01 .
    swakhlu01 . Member Posts: 482 Payroll App Expert Payroll App Expert

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

  • kaylittle
    kaylittle Member Posts: 7

    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
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

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

  • kaylittle
    kaylittle Member Posts: 7

    Thank you. Such clarity Kris. Appreciated.

  • kaylittle
    kaylittle Member Posts: 7

    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
    kaylittle Member Posts: 7

    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
    Bruce Member Posts: 441 Professional Partner Professional Partner

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

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,404 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2021

    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 ☺️

    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

    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!)