Workers Compensation & STP Finalisation
I am currently trying to finalise a client's payroll. When I have prepared the reconciliation I note that 2 employees have received wages through workers compensation. The payroll item has been alloc...
Forum Discussion
Hi Dorreen
I thought this issue had resolved itself but it has come up again :(.
The client has contacted me regarding the income statement for one of the employees affected by the workers compensation payments. The gross wages reported on the employee income statement is less the amount of workers comp paid to them.
Then when I review the verification report the gross payments are different by the amount of workers compensation paid ... AGAIN.
Gross payments as per STP verification $7,242,455.02
Gross payments as per MYOB payroll $7,275,916.05
Will this affect the finalisation and do you have any ideas how we can fix this to not change going forward.
Any help is appreciated.
Hi marie79,
Thank you once again for reaching out to us here in the Community Forum.
I just want to check back with you if you still need help with your concern regarding worker's compensation payments? Please do let us know how you go, and feel free to post again anytime you require further assistance.
Cheers,
Leneth
