Disaggregation of Gross with Rolled Up / All Purpose Allowances under STP2

Graham Boast
Graham Boast Accredited Partner Posts: 332 Accredited Partner Accredited Partner
in Accounts Hosted
Handling Rolled Up Allowances under STP2 in Reckon.pdf

Hi All

This is my simplified method for payroll where an all-purpose or rolled-up hourly rate needs to be disaggregated into various components under STP2.

I hope you find it useful.

Graham Boast 0409317366

Reckon Accredited Partner

[email protected]

Graham Boast | 0409 317366 | [email protected]

Comments

  • Johanna
    Johanna Member Posts: 7 ✭

    This is just what I needed - thank you so much. This way I can still accurately allocate all costs to our jobs via the timesheet function.

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,087 Community Manager Community Manager

    Thank you as always for your insights @Graham Boast! 👏

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  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner

    Thanks Graham - well done! Much appreciated!

  • Tiffany
    Tiffany Member Posts: 30 ✭✭

    Thanks Graham

    What does the STP file look like when it is processed ? Will the gross amount be what you have entered in the normal pays and then the allowances would also be added in different tax types ie. tools, tasks etc So wouldnt this double up the gross pay and allowances ?

  • Graham Boast
    Graham Boast Accredited Partner Posts: 332 Accredited Partner Accredited Partner

    Hi Tiffany


    You can see the how it shows in the STP portal in the paper I have done. The offset allowance comes off the gross, so there is no double counting.

    Graham Boast | 0409 317366 | [email protected]

  • Tiffany
    Tiffany Member Posts: 30 ✭✭

    Ok now I see what you are proposing , thanks Graham but either way we have to do a manual calculation whether it be 17.5% loading or deducting the totals of the allowances from the gross . I think I will stick with the manually loading calculation as then there are no additional items that need to be accounted for in the payroll summary etc to balance with the STP, each to their own I guess. Thank you for your suggestion. 🙏

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