STP2 Recording PBI Fringe Benefits

Avis Louth

How are Reportable Fringe Benefits (Tax Exempt) recorded in Reckon Hosted under STP2.

I need to have super recorded on total salary.

Accepted answers

Acctd4

Hi @Avis Louth

It is a Company Contribution mapped to Reportable Fringe Benefits (Tax Exempt):

You need to obtain the specific amount from the tax agent.

(I've also replied on the Reckon FB page 😊)

All comments

Acctd4

Hi @Avis Louth

It is a Company Contribution mapped to Reportable Fringe Benefits (Tax Exempt):

You need to obtain the specific amount from the tax agent.

(I've also replied on the Reckon FB page 😊)

Avis Louth

Thank you.

How do you report the super on the full salary amount?

Acctd4

Just ensure the Super Payroll Item has it ticked:

Avis Louth

Thanks, that has put the data in all the correct places.

Appreciate you taking the time to help me out.

Avis 😃

Avis Louth

Portal Report - Looking at last year under STP1 after Grossing up

Compared to STP2 - does this look correct?

Acctd4

Yes, but it's not "Fringe Benefits Tax" - which is paid by the employer on this/any other applicable payments, if not exempt - it's "Reportable Fringe Benefits" 😬

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