With the new STP phase 2 reporting how is super salary sacrifice treated in gross salary

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Lori Ryan
Lori Ryan Member Posts: 10

If you are salary sacrificing to super does it have to show separately in gross wages as say salary sacrifice and then treated as salary sacrifice in super as previously. From what I am reading in the migration to phase 2 it wants gross wages itemised as in leave, bonus, commissions etc. There was a message at the end to say make sure you check salary sacrifice but not to what. Previously I have just done as all gross wages and then as super - salary sacrifice.

Answers

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,592 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2023
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    Hi Lori

    Yes, SS Super has it's own unique category in STP2 but is not part of the Migration Assistant automated process.

    You just need to edit each of your SS Super Payroll Items to link them to the new Tax tracking type category:


    in the original STP, SS Super wasn't shown under "Gross Pay" in RAH, it was the "Adjusted Gross Pay" figures that matched with the STP Gross.

    In STP2, the display format has changed. ALL income is now reflected in the STP Gross with the specific components also shown separately under their respective columns.

    Note: This is NOT doubling-up anything, it's simply just a change to how it's displayed 😊

    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!)
  • Lori Ryan
    Lori Ryan Member Posts: 10
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    thank you Shaz for your answer, still a bit confused. Am I correct in saying that you just do gross salary as is and then super - salary sacrifice. It reports the gross figure in the gross column and the super salary sacrifice in it's column. I checked my SSS in payrol item and is set up correctly. I tried doing a pay and find the PAYG is incorrect it isn't taking into account the salary sacrifice. Can you tell me where to adjust that so the PAYG is correct.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,592 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2023
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    Hi Lori

    Yes, that's correct.

    If the PAYG calculation is not being reduced by the SS Super then you just need to correct the SS Super Payroll Item configuration.

    Make sure PAYG Tax is ticked. (The tick doesn't mean it's taxed, but rather it's to "affect" PAYG Tax - in this case, to reduce it!):


    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!)
  • Lori Ryan
    Lori Ryan Member Posts: 10
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    I just checked the payrol item and ticked the PAYG box and the PAYG is now calculating correctly.

    thank you for your help.

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,592 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    You're very welcome Lori, good to hear it's now sorted 😊

    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!)