Reckon Hosted - Payment summaries (Group Certificates)
I have completed all pays and would normally send employees a copy of their Group Certificates for year end. I cannot find this feature anymore. Do employers not give these to staff anymore and staff have to access them themselves via MYGov?
Best Answer
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Hi @portsheet ,
Payment summaries/Group certificate are no longer used because payroll information is now reported in real time to the ATO through Single Touch Payroll (STP).
With each pay run, details such as gross income, tax withheld, and superannuation are automatically sent to the ATO, eliminating the need for manual end-of-year summaries.
As a result, employees can access their income statements directly via their MyGov account, which reflects all year-to-date payroll data submitted by their employer. This STP submission process improves accuracy and ensures that the ATO and employees have up-to-date payroll information throughout the year. Hence, eliminating the need of Group certificate.
I hope this helps .
Regards,
Reeta
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Reckon Staff Answers
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Morning @portsheet
Please check this out for your reference - #TipTuesday: Why payment summaries are obsolete with STP Phase 2 in Reckon Accounts — Reckon Community
I hope this helps. Please feel free to let us know if any concerns. Thank you!
Regards
Tanvi
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Hi @portsheet ,
If you believe your question has been addressed, would you mind marking it as answered?
This greatly assists other users in finding solutions to similar questions more easily.
Thank you very much!!😊
Regards,
Reeta
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You have to complete the EOFY STP so that the figures flow through to the employees MyGov accounts
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