How do I check if bonus was paid correctly?
A bonus paid to an employee is not showing on the PAYG Summary, but the amount is included in the Gross figure on the Payroll Totals Report. Is there another report I can use to confirm the bonus amount is recorded properly? I don't wish to lodge the end of financial year with STP until I have it right. Thank you.
Best Answers
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Hi @Narelle
The old “PAYG Payment Summary” forms are no longer in use as they’re not STP2-compatible. This is because bonuses - along with many other Payroll Items - were previously all just mapped to Gross Payments however with STP2, these are now shown separately & therefore, the PAYG Payment Summary is unable to display them.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
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Thank you Shaz. Is there a report I can run that shows what STP2 will lodge before I actually get into the STP part?
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I print out the payroll totals report for the pay week, then go to the STP export window and it shows the gross and tax before being lodged. After exporting the file you can also see the totals before you click submit.
At the end of the year I print up the same report for the year, then go to STP and select the type ‘Finalise Year’ this then shows the totals that should be the same.
These figures re only gross and tax, but in Gov Connect you can see in the details tab of each submission the full breakdown of each employee
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Thank you @Kris_Williams That is helpful.
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Unfortunately, there isn't a specific default report in the program …. YET (Reckon have advised they are working on implementing one but we don't know when that will be available)
Instead, you can check how the employee totals are reporting for STP2 by clicking on the Detail link after you Upload the file (It is still in Draft status at that point so you can easily Delete it if it's incorrect)
I use a modified Payroll Summary rather than the Payroll Totals report as I find this displays in a closer format to STP2. I ALWAYS check this report before uploading any STP submission. You'll find my instructions on how to create it under this thread here:
😊
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
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Answers
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Thank you again @Shaz for sharing this information. It is perfect
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You're very welcome @Narelle - Glad to hear it's helpful for you 😊
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
(NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
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