Is it possible to run reports using wages Pay Period Ends rather than Payment Date if they are different?
I have a situation where a payroll week and reporting week for a client finishes on Saturday but we pay wages on Monday. This does not work for STP purposes as sometimes it straddles 2 months (like last weekend were Saturday was the 31st of August but Monday was the 2nd of September).
Just to confirm & reiterate further ... as per John’s advice, wages are only reportable/applicable upon actual payment (pay date) & - in turn - associated liabilities (eg Super & PAYG) are also only generated at that same point (upon payment).
As John stated, the related pay period is of no relevance in terms of declaration/reporting & payment.
I never recommend having the Pay Date on or before a pay period ends as this means paying in advance & one needs to know the correct & complete hours worked per employee beforehand.
If additional hours are worked or time off is taken, this then can (& often does) mean an employee can be under/overpaid requiring unnecessary & messy adjustments afterwards to correct.
Shaz Hughes Dip(Fin) ACQ NSW, MICB
Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)
Accounted 4 Bookkeeping Services
0422 886 003