New payroll categories
Hi
I need to speak with someone please regarding setting up new payroll categories in MYOB AccountRight Plus, to allow for us to transfer a weekly payment to an ex-employee - this is a payment that will be made from our Insurer to us, for us to pass on to the employee, whose position is being terminated with us from next week.
I need a payroll category to pay the gross payment received from the insurer, that is identified to the ATO as a non employee paid after termination Workers Compensation Payment and a category to report the amount of PAYG tax that is included, that shows as the same - paid to a non employee after termination for a Workers Compensation Payment.
Thanks
Hi DelpClem,
You'll be able to set up new payroll categories to handle those post-termination workers' compensation payments— including both the gross amount from your insurer and the PAYG tax side of things. That way, everything's reported correctly to the ATO as non-employee payment after termination. Here's a link to guide you through setting it all up. Once that sorted, you can run the pay as usual. And if you need a hand at any point, just jump on Live Chat via our virtual assistant, MOCA, or by submitting a support case via MyAccount.
Cheers,
Doreen
