Salary Packaging Non Super

Question

Hi

Our NFP organisation is setting up Salary Packaging.

I have had help setting up Payroll Items in my Chart of Accounts as other current liability but I am wondering if this is the correct account classification.

I am yet to set up Payroll Items to deduct the salary packaging from each employees pay as I was not sure which classification to set them to for ATO reporting purposed as this changes the amount of PAYG withheld.

I'm also a newbie to Reckon so wanted to check if I was doing all the right things.

Any help very much appreciated.

Acctd4 · Answer

Have replied to your email ☺️

TailemBendCCDM66 · Answer

I've added Payroll Items, is there anything else I need to do?

Acctd4 · Answer

Hi There

The specific configuration depends on the particular salary sacrifice arrangement as salary sacrificing for NFPs can vary a little.

Feel free to shoot me an email direct if you’d like some one-on-one training & assistance ☺️