Payroll Tax % & Work Cover %

Karina_9242901

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

Acctd4

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 ☺️