RESC is not showing correctly on PAYG Payment Summary
I'm trying to reconcile to RESC to the payment summary. The RESC box is blank on the PAYG Payment Summary. I also noticed some payroll items needed to be changed to display gross wages figures correctly on the PAYG payment summary.
All PAYG withheld figures are correct and balance.
Answers
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Hi @Julie C
Just to clarify, since you've mentioned payment summaries, are you referring to the old payment summaries required to be given to employees prior to STP coming into effect?
If so, those payment summaries are obsolete but more importantly they shouldn't be used to compare or review data in a financial year that includes STP Phase 2 submissions as they won't reflect accurately particularly if you've made changes.
There's some more info on this from one of our previous #TipTuesday posts which I'll link below - #TipTuesday: Why payment summaries are obsolete with STP Phase 2 in Reckon Accounts
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Hi @Julie C
With STP Phase 2, Payment Summaries are no longer relevant. Please check this out for your reference - #TipTuesday: Why payment summaries are obsolete with STP Phase 2 in Reckon Accounts — Reckon Community
I hope this helps. Feel free to let us know for any concerns. Thank you!
Regards
Tanvi
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Ok, thanks for letting me know. I'll change them back.
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