Payroll Tax % & Work Cover %
Karina_9242901
Member Posts: 24 Reckoner
Hi,
How would I set up Payroll Tax & Workcover percentages from payroll to record these extra costs into Job Costing. Any suggestions on how?
Cheers
Karina
0
Answers
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Hi @Karina_9242901
Are you referring to WorkCover on-paid to the employee ?You can tick the checkbox on the Payroll Item for this (NOTE: You should also be job costing the reimbursement received, to ensure accuracy)
Payroll Tax is a liability, outside of the STP-specific payroll expenses. However, it is expensed for tax purposes so you could apportion percentages across multiple lines, on your payment entry, based on your job cost reports βΊοΈ
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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