What STP 2 classification is Christmas Bonus in Reckon Hosted

Question

About to pay Christmas Bonus tomorrow on checking I notice I have Bonus listed as type - addition and Gross Payments in tax tracking and  Expense account -Payroll expenses:gross wages. Is this correct or should it be in Bonus and commissions my Reckon agent help set up for STP so I am not sure if I should change it ? Advice please.

NarellePaterson · Answer

Thanks  Shaz   I changed to bonus and commissions I take it the rest of settings are still correct hope so because it's done now.  Merry Christmas.

Acctd4 · Answer

Gross Payments was correct for initial STP (Phase 1) but it should be under Bonuses & Commissions for STP2 ☺️