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BronJay2025's avatar
BronJay2025
Contributing User
10 days ago

STP YTD Verification doesn't match Payroll Summary

I have an employee who received a credit amount (refund) back to their novated lease payments when the lease was terminated in 25/26.  This was posted via payroll as a DR amount to the original deduction account and for the year 25/26 the employee has a CR value of $1085.54 on their income statement which is correct and this matches what was deducted over the year for lease payments and then refunded on the final advice from the lease company.  The Payroll Summary report for 25/26 is $50307.48 which matches the payroll category transactions report  - the YTD verification report shows ($51393.02) against Salary Sacrifice - Other Employee Benefits - the STP report is not correct but the income statement for the employee in question is, and I've reviewed all other income statements for employees with Sal Sac OEB too.  I've sent an STP update and it's been accepted but there's still not change to the YTD verification report - any suggestions would be appreciated!

STP

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    8 days ago

    Hi BronJay2025,

     

    Thanks for laying all of that out so clearly. If the YTD Verification Report doesn’t match the Payroll Summary Report, one thing to keep in mind is that only wages reported as Gross Payments will show in the YTD Verification Report. So when there are other pay items involved, the reports can look out of step even when the employee’s income statement itself is actually right.

     

    A handy check is to go to the EOFY Finalisation tab and click the three dots against the employee’s name. That opens the Individual Summary Payments, which shows the breakdown of other pay items that aren’t reported as Gross Payments. If you add those to the Gross YTD in the Verification Report, everything should line up properly.

     

    You can also check this guide for more detail on why reports don’t match and what to do next. Have a look for Confirm what you've reported to the ATO.

     

    Cheers,

    Doreen

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