Extra tax not correct
I am trying to round up the net pay by adding 20.50 extra tax in the employee details, but when I process the pay it takes $21 extra so I have to manually override every time
Comments
-
The ato schedules only use whole dollars, not cents. Silly question probably Why do you care if the pay is a round number?
0 -
I want to deduct an extra .50 to make the net amount whole dollars.
0 -
Why?
For what purpose?
Kr
0 -
Because a net amount of 1122.00 is a direct debit weekly but since the new tax rates have come amount and a raise Reckon calculates the net amount as 1122.50. I want to round it to 1122.00.
reckon is ignoring the extra .50 in the employee tax details section. It adds the extra $20 to the tax but not the .50Is that clearer?
0 -
Not really
Change the direct debit
Piece of cake
We already discussed how the ATO doesn't deal in cents
This isnt the 1960s
Or post it to bank fees.
Kr
0 -
not talking about the ATO dealing in cents I’m talking about Reckon, that does deal in cents
0 -
Between Reckon & ATO I know which is the greater authority. Its not really a problem
Change the DD
KR
0 -
thanks anyway I’ll just change the tax manually my way
0 -
Seriously?
Yeah seems like you really didnt want the answer. It would be SO simply to change the DD
0 -
Check if you’ve got Tax Pays Rounding ticked in your Employee Preferences.
Otherwise yeah, just edit the tax manually 😬
0 -
Thanks Shaz I didn’t tick the rounding because I didn’t want it to change for everybody, but I will look at that option. I just was surprised that the extra tax I had entered in the employee’s tax details only flows through for the $20 but not the .50
0 -
Zappy I just wanted the reckon feature to work because I’m not responsible for the banking side of things, so no, not so simple as you seem to think.
1
