Setting up Salary Sacrifice type O

Terrimc
Terrimc Member Posts: 1 Novice Member Novice Member
edited June 18 in Reckon Payroll

Our employees are entitled to salary sacrifice benefits type O - not super.

How do I set this up in Reckon payroll - there are no benefits
payroll types and they are not allowances. They need to be reported
under STP2

eg salary 100000, salary sacrifice
$25,000. Taxable income is $75,000 but entitled to Super guarantee on
the 100,000. Also they are exempt from FBT.

Any help appreciated.

Answers

  • Nickiu
    Nickiu Reckon Staff Posts: 175 Reckon Staff

    Hi @Terrimc,

    To Add FBT, Go to an employee and select the option to edit their profile ➡️ Click on Initial YTD ➡️ Click the Add button on the Fringe Benefits item and enter the amount and STP reporting category.

    Hope this help,

    Nick

    Technical Support Team