eivalicabinets
Experienced User
Joined 3 years ago
User Profile
User Widgets
Contributions
Re: EOFY Finalisation - YTD verification report and Payroll Summary reports do not match due to a non reportable wage item. Is this acceptable?
JenSzThe way they've worded it has made it very confusing, you're right! Hopefully it is all okay as I am going to proceed with EOFY Finalisations (I am not completely convinced haha).121Views0likes1CommentRe: EOFY Finalisation - YTD verification report and Payroll Summary reports do not match due to a non reportable wage item. Is this acceptable?
Hi Doreen, Thanks so much for your fast response. I added the gross payments from each employee's Individual Summary Payments and the value matches the subtotal of "Total Payments" and "Total STP Taxable Wages" in YTD Verification Report. It does not however match the "Salary and wages" subtotal in the Payroll Summary Report (The Salary and wages subtotal includes the non-reportable reimbursement amount). This is so incredibly confusing but am I correct in believing that I can proceed with EOFY finalisation from here as the extra amount shown in the Payroll summary report was non-reportable and therefore will not show in YTD verification report total?131Views0likes3CommentsEOFY Finalisation - YTD verification report and Payroll Summary reports do not match due to a non reportable wage item. Is this acceptable?
Hello, I am doing EOFY Finalisations. There is a wage item for an employee that is "staff reimbursements" for a busines purchase they made that I've reimbursed them for. I believe I set this up properly using MYOB's help page for this. When I pull the Payroll Summary report, the amount includes the reimbursement. When I pull the YTD verification report, the amount is "$34.19" less which is the exact amount of the reimbursement. I believe that because this wage item is "not reportable" it will not show up in the YTD verification report. I've pulled summary reports for each employee and added the gross figures which equals the same total as the YTD verification report but again is missing the "$34.19" reimbursement amount. When following MYOB's steps for preparing for EOFY, it says that I can't finalise until the Payroll Summary and the YTD Verification reports match. Because the reimbursements wage item is not reportable, I don't think these reports will ever match. Would I be correct in believing that this is okay and I can continue with my EOFY finalisations even if the Payroll Summary and YTD Verification reports don't match because of this non-reportable wage item? Or could it be that I've gone wrong somewhere. I've changed the ATO category, reversed the pay-run and re-done the pay-run and it hasn't changed anything. If there's any advice or tips any of you could give me that would be so helpful. It could be that I don't need to worry about the reports not matching but I would like to be sure. Thank you in advance :)Solved312Views0likes7CommentsSTP Reporting
Hi all. Today I finally was able to set up STP reporting, as I kept getting an error message saying that my old BMS ID was incorrect so all update events were rejected. I found that it was because I hadn't used the previous BMS ID from Quickbooks (which I was using last financial year) for any pay runs this financial year. I reported this week's payrun to STP successfully, but I am wondering what happens with the previous pay runs this year. Is there a way to report each payrun to STP or does this happen automatically since reporting to STP for this week? I don't see any option to do this in previous payruns that were completed before I was able to finalise the STP reporting set-up. When I see the transactions list on the ATO site it only shows the STP reported for this week's payrun and doesn't show any informations about the previous pay runs.246Views0likes1Comment