Payroll Item Incorrect

Hi, during the year a new Payroll Item was created but it has the incorrect Tax Tracking Type. It was assigned to Gross Payment when it should be Overtime as it relates to weekend work. Super has not been calculating on it ( which is a positive)! If I do not change the Payroll item it will report incorrectly under the employee INB. Will this update when I do the Finalise Year STP as it has been wrong for many pays. Just do not know the best way to handle this

Comments

Acctd4

Hi @Kathyd

STP simply updates YTD balances so when you re-allocate that Payroll Item to the correct STP Tax Tracking Type in RA, this will update & reflect in subsequent STP submissions automatically 😁

Kathyd

Ok, I was hoping you would say that. My concern is I have uploaded my last New Event as our last pay for the year has been done. So correction will flow when I do 'Finalise Year'?

Acctd4

Yes, it will update at that point 😊