EOFY- labels on the EOFY report

redman
redman Member Posts: 31 Reckoner Reckoner
edited July 2 in Reckon Payroll

Just a query regarding the EOFY report, I notice when doing a pay run during this past financial year "earning &leave" are together on the pay run, but they are split into separate headings on the EOFY report. Why is this? I have never had them split like this in past EOFY reports. Is this something I have done on my end, or is this something the platform now does?

Best Answer

  • Rav
    Rav Administrator, Reckon Staff Posts: 14,651 Reckon Community Manager Community Manager
    Answer ✓

    Good question @redman

    The reason for this is, one of the requirements of STP Phase 2 which took effect in the 2023/24 financial year, gross earnings was disaggregated and certain pay components that were previously attributed to gross under STP Phase 1 are now separated out and shown separately.

    There's an older post I created around this here which might be worth checking out - Disaggregation of gross in your EOFY finalisation in Reckon Payroll 📅

Answers

  • redman
    redman Member Posts: 31 Reckoner Reckoner

    Ah ok. Understood. Thank you