🚨 STP SUBMISSION PROCESSING DELAYS 🚨


Currently there are delays with STP submissions being processed due to a ATO system issue. Submissions are currently queued and will be sent for processing once we've received confirmation the ATO have resolved their issue.

Leave as a percentage

Traceyg
Traceyg Member Posts: 4

Morning I know this might have been answered before, but when I change the leave to calculate on an hourly basis ( percentage) Reckon seems to always over ride the last digit value. That is if I type in 0.0769230(for annual leave calculations) it will ask for only 5 decimal places. So if I shorten this to 0.07692 it will automatically change it to 0.07694. Is this just a rounding thing? Personal leave is similar.

Answers

  • John Graetz
    John Graetz Member Posts: 1,658 ✭✭✭

    I agree with you Kevin. It is a frustrating, annoying and seemingly illogical interference with what we input.

    John L G

  • Traceyg
    Traceyg Member Posts: 4

    Thanks Kevin & John for your replies.

    This has helped me a lot! 😊

  • Acctd4
    Acctd4 Accredited Partner Posts: 2,157 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    @Traceyg It is annoying but it’s just a rounding issue so you can leave it as per Reckon’s calculation.

    Personally, I never use minutes - I find the decimal format far easier to work with 😁

    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

    0422 886 003

    [email protected]

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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!)
  • John Graetz
    John Graetz Member Posts: 1,658 ✭✭✭

    Sorry Shaz, for once I have to disagree with you. This cannot be put down to a rounding issue when Reckon blatantly changes the figure that I input. I am inputting as strictly 5 digits. The result is:

    1. For personal leave my fifth decimal point is input and accepted exactly as I input - no problem
    2. For annual leave my fifth decimal point is input as a 6 but Reckon, for no known reason, won't accept my input but changes it to a 7. Okay, not a dramatic difference but why change what I have input?
    3. For Long Service Leave, my fifth decimal point is input as a 1 but somehow Reckon decides that a 1 is not correct and instead it should be a 7.

    What sort of an accounting program would we have is Reckon arbitrarily elected to change the cents figure for a financial input that we make? As I said earlier, this is not a rounding issue as I have not used a sixth decimal point. Instead it has to be put down to Reckon deciding that they know more than me and refuse to allow me to input the figure that I want. If it is not a bug, why is it bugging me and others so much?

    John L G

  • Acctd4
    Acctd4 Accredited Partner Posts: 2,157 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    @John Graetz My understanding is that this issue is part of the hard-wired coding that was inherited from Intuit which is why Reckon have been unable to fix it.

    However, the specifics you've noted there are interesting, as for me:


    1. For personal leave my fifth decimal point is input as a 6 and changes from 0.03846 to 0.03833
    2. For annual leave my fifth decimal point is input as a 2 but it changes it to a 4.
    3. For Long Service Leave, my fifth decimal point is input as a 7 & remains unchanged.


    This makes me wonder if maybe it's actually system/user configuration-related then, if the results vary ? 🤦‍♀️

    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

    0422 886 003

    [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!)
  • John Graetz
    John Graetz Member Posts: 1,658 ✭✭✭

    Very interesting indeed, Shaz. The personal leave figure of .03833 is exactly what I input and itis the only one that doesn't get changed! As to the reason for all of this is anybody's guess. This is particularly the case when we come to annual salaries where Reckon apparently believes that there are only 364 days in a year, rather than 365 and 366 in a leap year. Why do I know this? Because Reckon divides the input of an annual salary figure by only 52 weeks or 364 days in a year. Don't get me going on this one! This has been a flaw since the late1990s, going back to QuickBooks days.

    John L G