PAYG PAYMENT SUMMARY

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JO-ANNE_7327707
JO-ANNE_7327707 Member Posts: 293 ✭✭✭

I understand we aren't required to provide these anymore, however I do like to have them available if an employee requests one.

In saying that, I have a few that do not reconcile with my payroll reports for 2023.

I have upgraded to the 2023 RAH version, would this be the reason for the non reconciling?

TIA

Best Answer

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,032 Community Manager Community Manager
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    STP Phase 2 has introduced additional reporting requirements specifically around the Disaggregation of Gross.

    These new reporting requirements weren't part of the old Payment Summary (or EMPDUPE) lodgement process, therefore, if you view the Payment Summary for a financial year that contains one or more STP Phase 2 lodgements, you will find the amounts don't match.

    ℹ️ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.

Answers

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    I don’t believe the upgrade would impact on that, can you not identify what the difference is? Maybe to do with allowances not being shown on the payment summary

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    we don't pay allowances.

    I've identified one difference, the public holidays not included in gross

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    So you will need to look at the payroll item for that rate and see if it is setup the same as your normal pay item. Gross payments, linked expense account etc

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    so the payment summaries cannot be used for the 2023 year after the upgrade to STP2 is that correct?

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    That’s correct - I just tried them and the payments for leave, sick pay and loading, which were all coded as O, were no longer included in the Gross. Which leaves a question for next year I guess as to how will they appear on their MyGov accounts

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    yes that's the issue I'm also having.

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    If you really need them you could open 2022 version and restore the backup that you had to do when you moved to 2023

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    No I don't need them, it's just something I like to provide if needed. Oh well onwards and upwards, there goes the payment summary as we all know it.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,589 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited June 2023
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    Ooh … I hadn’t realised this! That’s a shame - They were useful for cross-checking 🤨

    (Having said that, I believe Reckon are planning on expanding the default reports available for STP so hopefully that will allow the same 🤞🏻☺️)

    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!)
  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    Shaz yes, and it is a record if needed. It was part of my reconciliation process also.

  • Jocelyn
    Jocelyn Member Posts: 46
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    Yes I have the same problem. I have multiple people who don't have Mygov accounts so we supply the payment summaries to them. How do they do their tax then if the leave total payments etc aren't showing as income????

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,589 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    @Jocelyn It prefills when they do their tax return - both when they do it themselves or when they have it done via a tax agent ☺️

    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!)
  • Jocelyn
    Jocelyn Member Posts: 46
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    I also have had people request them in the last week when they couldn't access their mygov account when applying for bank loans..... I think Reckon needs to find a way that we can access prior years tax figures

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,589 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    @Jocelyn Most of the competitor payroll software solutions removed their Payment Summary feature some time ago as these are no longer applicable. We've been fortunate to still have it with Reckon Accounts until now 😬

    Banks will usually request payslips & actual tax return ("Notice of Assessment") documentation, not Payment Summaries (That might be what the employee requested from you because they don't know the terminology though!)

    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!)
  • Eric Murphy
    Eric Murphy Member Posts: 216 ✭✭✭
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    Payment summaries have gone the way of the dinosaur and good riddance too. Its been years since we've had to adopt STP so there hasn't been any reason to use summaries. Time to move on.

    Its just unnecessary paperwork for both the employee and business.

  • Robyn Kelly (Partner)
    Robyn Kelly (Partner) Accredited Partner Posts: 483 Accredited Partner Accredited Partner
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    Their last pay slip of the financial year has the YTD figures on it, which is exactly the same figures as their STP finalisation. Hope that helps

  • leng168
    leng168 Member Posts: 1
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    So whats the answer? How do we get the PAYG Summary….or is that not available anymore on Reckon One?

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    You don’t get the Payment summaries, the employees get the income statements from their MyGov account, which gets there after the STP finalisation is lodged

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    Morning Kris

    my post is from 2023.

  • Kris_Williams
    Kris_Williams Member Posts: 3,492 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Sorry @JO-ANNE_7327707, it popped up in my feed for some reason

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 293 ✭✭✭
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    someone must have commented on it haha.