where or how to input workcover refunds for wages paid to injured worker
Hi Reckon One helpers
One of our employees was injured several months ago. We have been paying his weekly wages since injury date as normal.
We are now starting to receive from WorkSafe (Victoria) refund payments for this. How and where should I register this incoming money in Reckon One to offset it properly to the wages we have paid him on the payroll?
Thanks
Peter
Best Answer
-
That’s ok, the accountant will put it where he needs, better to make it stand out
0
Answers
-
Hi Peter
You've posted this under the Reckon Accounts Hosted category. If you try searching/posting in the Reckon One section, you'll be more likely to find the help you're after there, for that program 😀
0 -
I would post it to an income account called WorkSafe or workers comp refunds, no tax code
0 -
I can only do that, post it to an income account, if I make Worksafe a customer.
And that does not seem right.
Should these payments not end up on the payroll tab?
0 -
Why don't you post it a customer Workcover(c) and post it to the OTHER INCOME account Insurance recoveries?
0 -
Peter the wages you pay out should go through payroll, the income is shown as income or other income
0 -
K
We discussed this already
Z
0 -
Just answered Peter’s last question that wasn’t addressed in previous posts
0
