Why are my SGC payments being included in the W1 figure on the simplified BAS report?

Teakle01
Teakle01 Member Posts: 2

It seems that the super amounts are somehow being included under the gross payment field, is there a way to remove this as the wages are being overstated on the BAS.

Answers

  • Charley
    Charley Member Posts: 538 ✭✭✭
    edited April 18

    It's where you've allocated the SGA to in Gross Wages go the SGA setup and change it

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,169 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hi @Teakle01

    As Charley indicated, your Super Payroll Items are incorrectly linked to your Gross Wages Expense account (instead of a separate one for Super)

    Sort your Payroll Items List by Type. To do this, click on the Type column heading - To determine how any list is sorted, look for the tiny black triangle which will be shown on the applicable column heading:


    Right-click anywhere in the list & click on Customise Columns in the popup menu. Select Expense Account in the Available ... box then click on Add & do the same for Liability Account.

    You should now be able to see which account(s) every Payroll Item is linked to.

    Double-click on any that are linked incorrectly & edit them (For SG Super, The Liability account should be one specifically for Super & the Expense account should also be a separate one for SG Super):


    That should fix it 😊

    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

    [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!)
  • Teakle01
    Teakle01 Member Posts: 2

    Thank you for your reply.

    I have checked the settings and the expense account is a separate super expense and so is the liability. It has no tax tracking selected so looks to be set up properly but still isn't reporting correctly.


    Is there somewhere else that it may be incorrectly linked?

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,169 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hmm … that’s strange.

    The other thing it could be is the selection under the W1 label itself.

    Click on the “W1” box on the BAS form & I suspect it may have the Gross Wages AND Super accounts selected here, in which case, de-select the Super one ☺️

    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

    [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!)