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KarenE's avatar
KarenE
Contributing Cover User
6 years ago
Solved

EXTRA PAYG REPORTING

Hi All,

Using MYOB Accountright Plus 2019.2 I have Employees who pay Extra PAYG, however I have done it in their Wages as a liability account.  Now with STP reporting (just started and trying to get it right before EOFY)  it is not picking it up as a separate line item (should it?).

 

  1. I realise (now) there is an area in the Taxes tab in the Employee Card (see attached - I have not used this)
  2. How can I retrospectively update this so I can get a report that showes it in correct format.
  3. The payroll reporting pages don't seem to include the extra tax paid by four employees

Need help.  Thank you

Karen

 

 

AccountRight Live
  • KarenE's avatar
    KarenE
    6 years ago

    HALLELUJAH - I HAVE THE ANSWER!!!

     

    If you have put your EXTRA PAYG through Categories (to show on the payslip as a separate item and it is not showing up in your STP report) ...

     

    The STP solution is ...

     

    Do a Pay Event and enter like this

     

    EG:

    • EXTRA PAYG                       + 728
    • PAYG Withholding              - 728

     

    This produces a NIL pay event.

     

    Then send to STP, as this increases the PAYG Witholding. 

    • In your Software this transfers the balance from Extra PAYG to PAYG Witholding category.

     

    Voila!!

    Thank you to Chris ICB !!!

8 Replies

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  • KarenE's avatar
    KarenE
    Contributing Cover User
    6 years ago

    HALLELUJAH - I HAVE THE ANSWER!!!

     

    If you have put your EXTRA PAYG through Categories (to show on the payslip as a separate item and it is not showing up in your STP report) ...

     

    The STP solution is ...

     

    Do a Pay Event and enter like this

     

    EG:

    • EXTRA PAYG                       + 728
    • PAYG Withholding              - 728

     

    This produces a NIL pay event.

     

    Then send to STP, as this increases the PAYG Witholding. 

    • In your Software this transfers the balance from Extra PAYG to PAYG Witholding category.

     

    Voila!!

    Thank you to Chris ICB !!!

  • KarenE's avatar
    KarenE
    Contributing Cover User
    6 years ago

    Steven_M  bungy15 

     

    I still don't have a solution to my problem.  I am pannicking !!!

     

    I need to retrospectively get the Extra PAYG into STP and no-one seems to know how to do this ((esp. ATO - it's a Software problem!!))

     

    H E L P please :(

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

    Well done KarenE 

     

    A lot of work and headaches but you’ve done it 😁😁

  • Steven_M's avatar
    Steven_M
    Former Staff
    6 years ago

    Hi KarenE 

     

    I think bungy15  has covered the recommended process for ensuring that extra tax is paid to the employee with the link to STP extra tax payment. The only thing that I would add is that this value is not separate but is added to the PAYG withholding amount for the employee. For example, if they have $100 set as extra tax and they would normally get $50 PAYG, the PAYG withholding amount for that pay and consequently for payroll reporting would be $150  (normal + extra amount).

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

    Thanks Steven_M 

     

    Sorry we didn’t clarify the problem when asking for help. Karen has already processed the final pays for the year so how does she get the extra PAYG to report through STP?

     

    Thanks again

    Tracey

  • robcraw's avatar
    robcraw
    Experienced Cover User
    6 years ago

    Hi Karen. I never received a reply nor even any suggestions from MYOB. In my clients situation we came to the conclusion that the extra tax could only be catered for by including it in the Extra field within the employees tax profile. Of course this doesn't show up on Pay Advices! I do feel we need the option to be able to add another category within the Tax list.

     

    In your case I suspect your only option will be to manually add the extra tax to the YTD PAYG Withholding and ensure the Extra tax deduction is flagged as Not Reportable.

     

    My thoughts for what they are worth.

     

    Cheers

     

    Rob C

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