adjusting gross wages before lodging final STP for 2023

JP_10124694

I want to make an adjustment to the gross wages of a director. How do I do this so it is reflected in the final STP.

can i make a gross negative in the last payroll submitted and lodged with STP?

Acctd4

It's not possible to create a negative Paycheque in RAH - What is the adjustment for as STP reports what was actually paid ?

JP_10124694

Hi Shaz

thanks for responding

Our accountant would normally have made the adjustment when finalising the accounts.

Making a dividend payment in lieu of wages.

but because of STP that apparently can't be done..

Kris_Williams

Can you not create a payroll item for Dividends paid and make an adjusting pay with a positive to dividend and a negative to the normal payroll item

JP_10124694

Thank you Kris, I will have a look at that option 😊

Acctd4

Rather than using positive & negative lines, just edit the applicable Paycheque(s) & change the Payroll Item to the “Dividend” one that you create.

(NOTE: Dividends are NOT reported through STP so make sure this is set to None for Tax Tracking Type!)

Kris_Williams

Depending on the amount of the adjustment though, JP may have to edit more than one cheque, more margin for error

Acctd4

You can't have a negative balance in STP so there's more risk with ensuring you minus out the specific amount (exactly to $ 0.00) There's also more chance of getting the submission "Error" status when trying to submit it.

In JP's scenario, amounts aren't being edited, just the Payroll Item for it is being changed.

Kris_Williams

Ok Shaz I thought if the net amount was zero it would be ok but I take your point

Acctd4

@Kris_Williams Technically, it should be OK, but it's not always the case 😬🙄