Forum Discussion

charliez's avatar
charliez
Trusted Cover User
5 years ago

Life Benefit ETP

Hello, I need to record a payrun for an employee who is leaving.   According to the ATO, this should be Life Benefit ETP Code O: https://www.ato.gov.au/Rates/Schedule-11---Tax-table-for-employmen...
ETP
ETP Benefit Type
termination payment
  • Steven_M's avatar
    Steven_M
    5 years ago

    Hi charliez 

     

    When you use an ETP based ATO Reporting Category listed on a pay, the system will allow a hidden box to appear on the Pay Employee that allows the user to select the ETP Benefit Type:

     

     

    I would recommend checking out Help Article: Create payroll categories for termination payments for more information on setting up a payroll category as an ETP ATO Reporting Category.

Steven_M's avatar
Steven_M
Former Staff
5 years ago

Hi charliez 

 

When you use an ETP based ATO Reporting Category listed on a pay, the system will allow a hidden box to appear on the Pay Employee that allows the user to select the ETP Benefit Type:

 

 

I would recommend checking out Help Article: Create payroll categories for termination payments for more information on setting up a payroll category as an ETP ATO Reporting Category.

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