STP error - Gross wage discrepancy

Natalie_10070760
Natalie_10070760 Member Posts: 15 Reckoner Reckoner
in Accounts Hosted

Hi

Can someone please help me with an STP error. When I reconcile payroll for the whole year, I realized there's a mistake that one employee's salary sacrifice was set up wrong, it was put under Payroll Liability- Super instead of Payroll Liability - Salary Sacrifice. After correcting it, the Gross Total wage for the whole year changed, but PAYG, super etc. weren't affected. Now is it ok just do the Finalise Year STP, and somehow every single STP submission through out the year will be automatically corrected?


Thanks in advance

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,830 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited July 2022

    Yes, STP updates YTD each submission meaning any corrections will now be included ☺️

    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!)
  • Natalie_10070760
    Natalie_10070760 Member Posts: 15 Reckoner Reckoner

    Great! Thanks for your help

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