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LaniOUP's avatar
LaniOUP
Experienced Cover User
3 years ago
Solved

EOFY - Entering Reportable Fringe Benefits

Hi there

 

I'm trying to finalise payroll reporting through the Payroll Reporting Centre - EOFY Finalisation. 

 

I click on the ellipsis next to the employee to open the enter amount window, enter an amount, then click on "add amounts" which takes me back to the main window. 

 

- The amount I entered is under the Section 57A RFBA heading, but there is no total at the bottom.   

- When I run the YTD verification report - there is no entry against the FBT category. 

- If I run an individual employee's report - there is no entry .

- If I close out of the Payroll Reporting Centre and re-enter - none of the FBT entries are saved and the Section 57A column has gone.  

 

Is this a glitch with the updated software - I did all this last year no problems.  

 

Thanks

Lani

 

  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi LaniOUP 

     

    Thanks for your post. RFBA amounts aren't saved until the employee is finalised, this worked the same way last year.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

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  • Tracey_H's avatar
    Tracey_H
    Former Staff
    3 years ago

    Hi LaniOUP 

     

    Thanks for your post. RFBA amounts aren't saved until the employee is finalised, this worked the same way last year.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

  • LaniOUP's avatar
    LaniOUP
    Experienced Cover User
    3 years ago

    Thanks Tracey

    So I'm assuming that it's therefore not possible to run reports to check everything before you click submit?  

    I don't recall this from last year...

    Lani

     

  • QYFSS's avatar
    QYFSS
    3 years ago

    Hi there,

    In regards to RFBA 57A STP, when entering the  total amount grossed up, it gives the July - June sumarry and not April - March? Why? I am on the Phone tp MYOB now for almost 1 hours and no one is picking up the phone to answer my question in regards to STP RFBA reporting?

  • LaniOUP's avatar
    LaniOUP
    Experienced Cover User
    3 years ago

    Hi there

    Even though the FBT year is April - March and your grossed up figures correspond to that period technically - you still report those amounts for the financial payroll year which is July - June and they become part of the employees income for the 2021-2022 year.  

  • QYFSS's avatar
    QYFSS
    3 years ago

    Thanks LaniOUP for your reply. I get that I have to report end of the finacial year. The RBFA gross up amount I entred in (figures taken from April - March 2022) into RFBA 57A STP and then view the summary report STP, it does not match up my MYOB report from the Payroll Tax report Aril 2021 - March 2022. However, the report does match up with the July 2021 - June 2022. But there's a difference there (Apil - June)? What happents to the difference? 

    STP report is June - July and that captures through out the reports including salary sacrificing! Should Salary Sacrificing report on STP be from 1 April 2021- 31 March 22?

  • LaniOUP's avatar
    LaniOUP
    Experienced Cover User
    3 years ago

    I'm a little confused about the different reports you're referring to.  

     

    But the deductions from your financial year MYOB payroll reports won't ever match exactly the FBT amounts for 2 reasons - the periods don't align and the reportable FBT 57A is grossed up from the ungrossed amount that was actually sacrificed.  

     

    I'm sorry I can't be more help.... 

     

  • Sonya0202's avatar
    Sonya0202
    3 years ago

    Hi Tracey

    I would also like to know if it is possible to balance the FBT on the verification report prior to saving and presumably submitting?

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