Super is not appearing on the payment summary. Obviously something in setup. Can someone tell my how to fix it please.
You've created this post in the Reckon Accounts Hosted category, can I just confirm that is the software you're using?
1. There is no such thing as a payment summary
2. Super - unless it is tagged RESC - shouldn't be on it anyway.
3. Call me if this is unclear
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.
Why don't you use the earnings report? That's what it's for.
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
Why aren't you using the STP finalisation? That's its job.
If you’re asking me Kevin, I do use the EOFY process of course
Nice one Kris. So no need for payment summaries.
Nope but there’s nothing wrong with looking at them
Yeah except you know, time wasting.
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
Yes and I was merely pointing out, payment summaries are not required and they aren't particularly useful when all the information is available in STP. We should be in the business of recommending the most efficient method of getting the job done, not creating more work. I don't know about you but there's only 1440 minutes in a day and I need all of em.
Nah I don’t! …………...
Four cable TV services soon to be five will do that;)
Oops I lied. I have five, soon to be six.
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 / Reckon Accounts Hosted!)
* Regd BAS Agent (No: 92314 015) * ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services Ballajura, WA
0422 886 003
(NB: Please mark your post as Accepted Answer/Answered if I have been able to resolve your query as this helps others when seeking solutions!)
Shaz we obviously have different processes. What can I tell you. I wouldn't wait till the end of the year to ensure STP items are mapped correctly. Maybe I'm more strict about these things.
I don’t wait till the end of the year either, usually check quarterly or if I make a major change to payroll
So the payment summaries perform no function. Kind of where I started. Good to know.
No they do, I create payment summaries throughout the year to check - mainly RESC figures
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.
Personally, it isnt necessary.
Perhaps not necessary, just a personal choice
wonder all this actually helped the user who raised this query in the first place.
Do you? Really?
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.
that Is correct. The space you are referring to is only for RESC - salary sacrifice super not super guarantee.
Thank you. Such clarity Kris. Appreciated.
Kay the simplest answer is super doesnt appear on the payment summary. Unless it is RESC, employee salary sacrifice. And payment summaries still arent necessary. Who knew it was so simple? Have a nice Saturday.
Thank you Zappy. First time with employees. I have done bookkeeping for many years but when I saw this I obviously had no idea.