Forum Discussion

Kam08's avatar
Kam08
Experienced Cover User
2 years ago

Does the latest AccountRight know how to extract information on Reportable Fringe Benefits (RFB) correctly under STP 2?

The ATO website, as well as the PAYG payment summary – individual non-business clearly indicate, 

.....that for income year (1 July to 30 June) you report the values from FBT year (1 April to 31 March).... 

 

However, noticed another year has gone by and the AccountRight software does not help you with your EOFY finalisation again. Year-to-date verification report nicely extracts income year figures from 1 July to 30 June for your Salary Sacrifice - other employee benefits category, which is an ATO reporting category dedicated for Reportable Fringe Benefits (RFB), where it should be reporting figures from between 1 April to 31 March.