STP2 Recording PBI Fringe Benefits


How are Reportable Fringe Benefits (Tax Exempt) recorded in Reckon Hosted under STP2.
I need to have super recorded on total salary.
Best Answer
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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 😊)
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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Answers
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Thank you.
How do you report the super on the full salary amount?
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Just ensure the Super Payroll Item has it ticked:
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, that has put the data in all the correct places.
Appreciate you taking the time to help me out.
Avis 😃
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Portal Report - Looking at last year under STP1 after Grossing up
Compared to STP2 - does this look correct?
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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" 😬
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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