Forum Discussion

KarenE's avatar
KarenE
Contributing Partner
5 years ago
Solved

EXTRA PAYG REPORTING

Hi All, Using MYOB Accountright Plus 2019.2 I have Employees who pay Extra PAYG, however I have done it in their Wages as a liability account.  Now with STP reporting (just started and trying to get...
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  • KarenE's avatar
    KarenE
    5 years ago

    HALLELUJAH - I HAVE THE ANSWER!!!

     

    If you have put your EXTRA PAYG through Categories (to show on the payslip as a separate item and it is not showing up in your STP report) ...

     

    The STP solution is ...

     

    Do a Pay Event and enter like this

     

    EG:

    • EXTRA PAYG                       + 728
    • PAYG Withholding              - 728

     

    This produces a NIL pay event.

     

    Then send to STP, as this increases the PAYG Witholding. 

    • In your Software this transfers the balance from Extra PAYG to PAYG Witholding category.

     

    Voila!!

    Thank you to Chris ICB !!!

robcraw's avatar
robcraw
Experienced Partner

Hi Karen. I never received a reply nor even any suggestions from MYOB. In my clients situation we came to the conclusion that the extra tax could only be catered for by including it in the Extra field within the employees tax profile. Of course this doesn't show up on Pay Advices! I do feel we need the option to be able to add another category within the Tax list.

 

In your case I suspect your only option will be to manually add the extra tax to the YTD PAYG Withholding and ensure the Extra tax deduction is flagged as Not Reportable.

 

My thoughts for what they are worth.

 

Cheers

 

Rob C

KarenE's avatar
KarenE
Contributing Partner
5 years ago

HALLELUJAH - I HAVE THE ANSWER!!!

 

If you have put your EXTRA PAYG through Categories (to show on the payslip as a separate item and it is not showing up in your STP report) ...

 

The STP solution is ...

 

Do a Pay Event and enter like this

 

EG:

  • EXTRA PAYG                       + 728
  • PAYG Withholding              - 728

 

This produces a NIL pay event.

 

Then send to STP, as this increases the PAYG Witholding. 

  • In your Software this transfers the balance from Extra PAYG to PAYG Witholding category.

 

Voila!!

Thank you to Chris ICB !!!

  • bungy15's avatar
    bungy15
    Ultimate Cover User
    5 years ago

    Well done KarenE 

     

    A lot of work and headaches but you’ve done it 😁😁