How do you adjust RESC in a prior year?
How do you adjust RESC in a prior year?
Forum Discussion
Hi gjwilko,
Thank you for your post.
The below help article will guide you through the process of adjusting super amounts:
As mentioned in the above article, we would advise checking with your accounting advisor before attempting to correct super from previous payroll years in your software.
Do reach out if you had any further queries.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
It is not the super that is incorrect, it is the entered RESC amount. There is nowhere to access the amount after the end of the financial year to correct it.
I had to enter the amount manually into the eoy payment summary confirmation but have since discovered that I need to change the amount. I cannot access the RESC portion of the payment summary to adjust it. How can I do this?
Hi gjwilko,
It sounds like you're referring to the RFBA (Reportable fringe benefits). This is the only field that can have an amount entered manually upon finalising your employees in STP.
Could you confirm if this was the case? If not, can you please provide a screenshot of the report with the category in question highlighted?
Please hide/remove any sensitive employee/business details from screenshots posted publicly.
