incorrect PAYG on wages
Options
Di Morgan
Member Posts: 10 ✭
PAYG in Reckon Accounts hosted is calculating too high. Where have I gone wrong? Have checked everything I can think of. Example fotrnightly wage of $4200, reckon tax $1314, ATO calculator $1160 its over by $154
0
Comments
-
Hi Di,
Looks like your Superannuation Item is set to be included in PAYG calculations.
Go to Lists > Payroll Items > Double click the Super Item to open the Edit Payroll Item wizard, click Next four times to get to the Taxes window and Untick PAYG. Go through the rest of the wizard and click Finish to save changes.
When you process the pay now, the correct PAYG amount will be calculated.0 -
Hi Neil thank you for your reply, have gone through what you said and there is no tick in the0
-
Does that employee use the other Superannuation Item that you've got set up (SBCH)?, if so, you'd need to edit that one.
0 -
All fixed, whoever setup this file, had 2 Super items, and one had the tick next to it, so now all is fixed. thank you
0
Categories
- All Categories
- 6.9K Accounts Hosted
- 11 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 19 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 326 Point of Sale
- 2K Personal Plus and Home & Business
- 74 About Reckon Community