A personal expense to be deducted from the weekly pay

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Imogen_10500700
Imogen_10500700 Member Posts: 2
edited September 2023 in Reckon Accounts (Desktop)

Hi

I sometimes get an employee asking for favours like paying for their personal expense like car registration. How do I process my reimbursement in the weekly pay so it gets deducted from their nett pay. How do I set up an item in the payroll so it shows a deduction that would be taken off from the nett pay.

I set up an item called Advance Payment but it is showing as a deduction from their Gross Pay when I do the STP Lodgement. The Gross amount shows incorrectly. It appears the Deduction is calculated against the Gross Amount in the STP screen.

I would appreciate if someone could show me how it is done correctly please.

Imogen

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  • Acctd4
    Acctd4 Accredited Partner Posts: 3,405 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Hi Imogen


    The Deduction needs to be configured to subtract from NET - It should be None for the Tax Tracking Type, no Taxes ticked & calculated on net pay here:

    The above settings will ensure the Gross is reported in full & this deduction is not reflected in STP2 😊

    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!)
  • Imogen_10500700
    Imogen_10500700 Member Posts: 2
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    Hi Shaz

    It worked. Thank you so much.

    Regards

    Imogen

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,405 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Great to hear Imogen! 🙌👌

    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!)