Forum Discussion

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

RFBA - end of year process

Hello We're a registered charity and are FBT exempt.   We provide Salary Sacrifice arrangements for part of the salary of 5 employees.  These salary sacrifice payments are marked as "not reportable...
  • Andrew_Y's avatar
    Andrew_Y
    5 years ago

    Hello Lani ( LaniOUP )

     

    Thanks for your post.  I hope you have been finding the MYOB Support pages and community forums to be a great place of knowledge and assistance.

     

    With STP instead of Payment Summaries, you can enter this Reportable fringe benefits amount exempt from FBT under section 57A information in the End of Year Finalisation windows as a FBT yearly total.   I have provided you an image of that window as described in the help article for easier viewing below.

     

    RFBT 57A.png

     

    Hope that helps, and if you have found this useful in answering your question, kindly consider marking this post as a solution to assist others in finding information.

Andrew_Y's avatar
Andrew_Y
Former Staff
5 years ago

Hello Lani ( LaniOUP )

 

Thanks for your post.  I hope you have been finding the MYOB Support pages and community forums to be a great place of knowledge and assistance.

 

With STP instead of Payment Summaries, you can enter this Reportable fringe benefits amount exempt from FBT under section 57A information in the End of Year Finalisation windows as a FBT yearly total.   I have provided you an image of that window as described in the help article for easier viewing below.

 

RFBT 57A.png

 

Hope that helps, and if you have found this useful in answering your question, kindly consider marking this post as a solution to assist others in finding information.