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KB14's avatar
KB14
Member
8 months ago
Solved

LSL lump sum A payment with code R

How do I setup a LSL lump sum A payment with code R in payroll

  • Doreen_P's avatar
    Doreen_P
    8 months ago

    Hey KB14,

     

    Setting up your LSL lump sum A with code R is a breeze. You can go to Wages section when setting up the payroll category. As for the ATO reporting category, pick “Lump Sum A - Redundancy” to make sure everything’s reported spot on for code R. You can check this link about wages for more info.

     

    Cheers,

    Doreen

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    8 months ago

    Hey KB14,

     

    Setting up your LSL lump sum A with code R is a breeze. You can go to Wages section when setting up the payroll category. As for the ATO reporting category, pick “Lump Sum A - Redundancy” to make sure everything’s reported spot on for code R. You can check this link about wages for more info.

     

    Cheers,

    Doreen

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