How to add RFBA via STP on Reckon payroll web/app

Options
yxk
yxk Member Posts: 5 ✭

Hi,

It is end of fringe benefit tax year.

My accountant has provided me the grossed up amount of reportable fringe benefit amount which I need to enter for the employee with the last March pay cycle. But I can't seem to find where I would enter this amount?


Any advice appreciated. Thanks

Answers

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,468 Community Manager Community Manager
    Options

    Hi @yxk

    You can add a YTD fringe benefit balance to an employee via their profile.

    Edit the employee profile and select the Initial YTD section. You can then add the balance.


    ℹī¸ Stay up to date with important news & announcements for your Reckon software! Click HERE for more info.

  • Tanvi_kataria
    Tanvi_kataria Reckon Staff Posts: 148 Reckon Staff
    Options

    Morning @yxk

    Regarding your query for RFBA, to add an amount in employee pay run. Please create an item (Company Contribution) where you can select the Tax Tracking/Expense Account for Fringe Benefits. Once you have the item created, you can process employee pay run with RFBA Item included and submit to ATO.


    Please find the attached article - Managing Company Contributions - Reckon Help and Support Centre

    and screenshot for your reference -


    Please let us know, if you have any concerns/issues. Thank you!


    Regards

    Tanvi