Salary Sacrifice Other Employee Benefits (O)

peterO89

Hi, I have payroll items "Laptop, PDA, Mobile" (Type - Company Contribution, Tax Tracking - Salary Sacrifice Other Benefits) and "Expenses Levy" (Type - Deduction, Tax Tracking - Gross Payments) that I have used in the past to track salary sacrifice items such as electronic devices. "Laptop, PDA, Mobile" has a +ve figure, "Expenses Levey" a -ve figure (cancelling each other out) in Other Payroll Items.

STP2 related items.

"EmployeeData"->"Summary"->""SumSalarySacrifices" is $304.31

"Detail"->"IncomeStreamCollection"->"SalarySacrifices"->"TypeCode"->"S" is $3600

"Detail"->"IncomeStreamCollection"->"SalarySacrifices"->"TypeCode"->"O" is $3904.31

My question is related to the STP2 file produced. The "SumSalarySacrifices" ($304.31) under "EmployeeData"->"Summary" figure is incorrect.

It appears to be the sum of salary sacrificed super and the (-ve) expenses levy. The amounts in the "Detail" record for "SalarySacrifices"->"S" ($3600) and "Salary Sacrifices"->"O" ($3904.31) are correct.

Have these items been coded incorrectly for STP1? This is only a problem since STP2 where salary sacrifice items (other than super) have now been split out.

peterO89

Have these items been coded incorrectly for STP1? should read Have these items been coded incorrectly for STP2?

Acctd4

Hi Peter

The Tax Tracking for STP2 is fairly extensive & some mappings are very different to STP1.

If you'd like to email me direct, I'll send you through the ATO's detailed table with the corresponding Reckon Accounts Tax Tracking Types to select.

PS Just wondering ... what is an "Expense Levy" & why is it cancelling out SS'd benefits ?

peterO89

Hi Shaz,

Thanks for the reply. I'll email you.

I inherited the accounts so don't know the complete reason for the way things are implemented. The attached screenshots may provide some insights. PTL is "Payroll Tax Liable".

The "Expense Levy" is a deduction against the gross salary. The "Laptop, PDA, Mobile" is used to track the expense, I assume for reporting purposes. I have been told the implementation may not be 100% correct but it has worked up to STP2 :-)

Peter

Acctd4

Hi Peter

Wow, that's the very old (& very complicated, pre-STP) setup !😂

No, that setup will definitely not work for STP2 but the STP2-config for it will be simpler & more accurate !

Yes, shoot me through an email & I'll send you the table along with the guide I've put together for setting this up correctly with STP2 😊