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PennieS's avatar
PennieS
Contributing Cover User
5 years ago
Solved

Salary Sacrifice super not reported on the summary

Hi I want to know if there is an easy way to fix a single payment summary?

I had the salary sacrific as not reportable when I completed the EOFY  payment summaries with MYOB STP . 

This staff member left our employ in May 19. To date all I have done is take the set as final off the employees name in MYOB EOFY Finalisation. 

When I sent the report to the ATO all figures balanced with Myob. Can you advise if the only thing I need to do is put the amount of the SS on the summary in the reportable section?

What is the easiest way to do this and do I need to resend the summary to the ato and employee?

 

  • Theresa_D's avatar
    Theresa_D
    5 years ago

    Hi PennieS 

     

    Thanks for your post.  I’m glad you were able to make the necessary corrections.

     

    For the payment summary you can print out/prepare the amended payment summary and lodge with the ATO manually. If you are unsure of how to submit this amended summary, please speak with the ATO.  

     

    The other option is the STP way, in which you report the changes made and re-finalise in that year for the impacted employees (the info bungy15  provided in the above post). You do not need to be online to do this.

     

    I hope this clarifies. If your inquiry has been answered please mark 'Accept as Solution' to help other users find this easier. 

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  • bungy15's avatar
    bungy15
    Ultimate Cover User
    5 years ago

    Hi PennieS 

     

    To correct the SS amount through STP you will need to Restore a backup and remove the termination date from the employee card.

     

    Then you will need to change the ato reporting category to RESC. The SS payroll category should be set up under the Superannuation tab with Contribution Type: salary sacrifice (deduction). If it is not set up like this you will need to create a new payroll category - Set up salary sacrifice

     

    When the payroll category is set up correctly do a $0 pay for that employee with payment date 30 June to report the SS through STP. Check that the EOFY verification report is correct and reconciles with MYOB reports. Then you can re-do the Finalisation.

     

    STP Finalisation replaces payment summaries and empdupe files. You are not required to provide payment summaries, employee’s can get their income statements from their myGov accounts. The ATO will be notified of the updated YTD amounts when you re-do the STP Finalisation.

     

    Cheers

    Tracey

     

    • PennieS's avatar
      PennieS
      Contributing Cover User
      5 years ago

      Hi Tracy,

      I have made the correct payment with a resored file offline and the payment summary is now correct but how to I send the file to the ATO? is there a manual way so I dont need to loose data by making an old file live if I resore this file to be the live file I will loose all the data input since?

      • Theresa_D's avatar
        Theresa_D
        Former Staff
        5 years ago

        Hi PennieS 

         

        Thanks for your post.  I’m glad you were able to make the necessary corrections.

         

        For the payment summary you can print out/prepare the amended payment summary and lodge with the ATO manually. If you are unsure of how to submit this amended summary, please speak with the ATO.  

         

        The other option is the STP way, in which you report the changes made and re-finalise in that year for the impacted employees (the info bungy15  provided in the above post). You do not need to be online to do this.

         

        I hope this clarifies. If your inquiry has been answered please mark 'Accept as Solution' to help other users find this easier.