Payroll entry - unsure of some of the employment info fields

Judy_9812908

Can you tell me what the following fields in employment information relate to? I have tried to find information all over the place including your help area and the one in Reckon Hosted to no avail.

1. "Reference no." - what do we put in this field? I've never used that field so unsure what to enter there
2. "Agreement" - what does this relate to and do you always have to enter details here?
3. "Classification" - what does this relate to and do you always have to enter details here?

It's frustrating when you have a very simple Payroll employee and there are all these extra fields which may not be relevant but yet "stop you in your tracks" as you're unsure what to include.

Kris_Williams

I don’t use any of these fields either

JudyA

I don't use Reference No or Agreement, but we do use the Classification for our employees that are paid under an EBA and have a specific rate that is linked to their trade. I assume in the Agreement spot, I could put the EBA details, but I never have. It won't matter if you leave these fields empty if they hold no relevance to your payroll.

Acctd4

These are information-only fields & not compulsory - They can be used for further/additional categorising (eg Award info as JudyA mentions) & reporting ☺️

Judy_9812908

Thanks so much to everyone who responded. I was not really concerned but with this wonderful new Phase 2 STP coming up I was thinking they might be relevant when that fully comes into play. I am aware that Reckon is still working on getting the payroll modules ready for this correct?

Acctd4

Yes, Reckon has an extension (like the majority of accounting software providers) - which extends to users - til the 31st Dec 2022. I believe there are 1 or 2 providers who are ready now but not the majority ☺️

Judy_9812908

https://community.reckon.com/discussion/comment/20628115#Comment_20628115

Can anyone confirm if these additional fields will come into play with new Phase 2 STP and is it true that, from what I read, that if you don't fill in all the fields (whether relevant or not) the STP lodgement will come back with an error. Just reading up to get prepared and have attended a few seminars.

Acctd4

We don’t know the specifics for Reckon Accounts yet however it’s unlikely those particular fields will be relevant as it’s the Payroll Items that are reported for STP ☺️

Rav

https://community.reckon.com/discussion/comment/20628158#Comment_20628158

Hi Judy,

We'll have a full breakdown of everything you need to know about getting ready for Single Touch Payroll phase 2 and its requirements a little later in the year as we work through building out the functionality for each of our various payroll software. Stay tuned.

Judy_9812908

https://community.reckon.com/discussion/comment/20628165#Comment_20628165

Again thanks to everyone for your answers to my questions and support. Best Community I've used to date! At least someone actually speaks to you.