Income Type - LAB

Tinus van Vuuren
Tinus van Vuuren Member Posts: 7 Reckoner Reckoner
in Accounts Hosted

Hi, we are trying to work through setting up our employees for the STP -2 requirements by following the wizard. We are a Recruitment company with most of our staff being contracted to third party clients via labour hire agreements. How do we get to select LAB as an income type when working through the wizard, as it does not appear on the drop-down selections?

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  • Acctd4
    Acctd4 Accredited Partner Posts: 4,216 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    Hi Tinus

    The STP2 Income Types are not related to the old payment summary types - Labour Hire is not one of the ATO's new categories so from that list, it sounds like yours would still just be SAW - Salary & Wages

    Shaz Hughes.png

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  • Tinus van Vuuren
    Tinus van Vuuren Member Posts: 7 Reckoner Reckoner

    Excellent, thank you Shaz

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