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LaniOUP's avatar
LaniOUP
Experienced Cover User
3 years ago
Solved

EOFY - Entering Reportable Fringe Benefits

Hi there   I'm trying to finalise payroll reporting through the Payroll Reporting Centre - EOFY Finalisation.    I click on the ellipsis next to the employee to open the enter amount window, ente...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi LaniOUP 

     

    Thanks for your post. RFBA amounts aren't saved until the employee is finalised, this worked the same way last year.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

QYFSS's avatar
QYFSS
Member
3 years ago

Thanks LaniOUP for your reply. I get that I have to report end of the finacial year. The RBFA gross up amount I entred in (figures taken from April - March 2022) into RFBA 57A STP and then view the summary report STP, it does not match up my MYOB report from the Payroll Tax report Aril 2021 - March 2022. However, the report does match up with the July 2021 - June 2022. But there's a difference there (Apil - June)? What happents to the difference? 

STP report is June - July and that captures through out the reports including salary sacrificing! Should Salary Sacrificing report on STP be from 1 April 2021- 31 March 22?

LaniOUP's avatar
LaniOUP
Experienced Cover User
3 years ago

I'm a little confused about the different reports you're referring to.  

 

But the deductions from your financial year MYOB payroll reports won't ever match exactly the FBT amounts for 2 reasons - the periods don't align and the reportable FBT 57A is grossed up from the ungrossed amount that was actually sacrificed.  

 

I'm sorry I can't be more help.... 

 

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