Salary sacrifice of bonus

54668
54668 Member Posts: 31 Reckoner Reckoner
in Reckon Accounts (Desktop)

Hi all, I have Reckon Accounts Premier. I have been told an employee will get a bonus and wants to salary sacrifice the lot. I do not want the bonus to show in his gross on his payg summary, but the sacrifice needs to be at RESC.

I have to set up the item 'salary sacrifice' - any pitfalls to look out for?

Then how do I process his pay without affecting his gross?

Sorry, I am not very adept at payroll.

Thanks for any help.

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,692 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi@54668

    If you'd like to email me direct, I can send you my step-by-step info on this that I've documented šŸ˜Š

    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!)

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