Reckon Hosted 2023 - STP2 Leave Loading
With the new breakup of wages does Leave Loading still get added as an additional pay item or should it get entered under Wage to show the Leave Type O?
Thanks
Best Answer
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It should still be a separate Payroll Item.
Along with the other standard Leave Payroll Items, ordinary Leave Loading (paid on Annual Leave taken) should also be mapped to Leave - Other paid leave (O) ☺️
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
(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!)
2
Answers
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Thanks so much, ended up figuring it out when I completed the migration. Great to have confirmation thanks.
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I am still unsure of this too. Leave loading is currently set up in additions (Other Payroll Items category on pay slip) Leave - Other Paid Leave O, but holiday hourly is set up under Hourly Wage (Earnings category on pay slip) - Leave - Other Paid Leave O. Should Leave Loading be set up under Hourly Wage to keep it consistent and have it move to the Earnings category? Thank you.
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Hi Annette
The new STP2 allocations are not related to how it displays on the Paycheque itself. They’re solely just for reporting in your STP submissions.
All ordinary Leave - & standard Annual/Holiday Leave Loading - should be mapped to Leave - Other Paid Leave (O) ☺️
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
(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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Thanks so much Shaz @Acctd4 , would it be beneficial to re-create leave loading to the wages category so it doesn't get lumped in with allowances in the payroll reports?
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Hi Annette
No, these categories are only for your STP submissions (how the ATO wants to receive the info), they don’t change anything in your reports ☺️
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
(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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Thank you Shaz @Acctd4. I appreciate your generosity and kindness with the Reckon Community. 🌻🌷🌼
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You’re very welcome Annette ☺️
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
(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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