gavin12345
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Re: TPAR
Hi Di64 See from ATO website here: If your business provides these services and pays contractors to deliver them, you may need to lodge a TPAR. and: Include payments received when employees, contractors or sub-contractors performed services on your behalf. Are they doing the work for you, or on your behalf? TPAR applies where a business users Contractors to fulfill its obligations to its customers, not to provide services to you. If your building needs a roof replaced and you engage Jim's Roofing to supply and install a new roof, you do not have to report payments to Jim's Roofing. If Jim's Roofing engages subcontractors to complete the task, Jim's Roofing must report these payments under TPAR. If in doubt, consult with your tax adviser, not acquaintances at the pub. (or on a forum:) Regards GavinRe: STP - Pay runs done prior to set up of STP
Hi LeeanneBRC I posted a few times explaining how STP Reporting works, however MYOB staff keep blocking the posts, so I cannot provide a link. Basically ignore the 6 missing payruns. Everytime you lodge a pay run, MYOB doesn't just report that payrun (they cannot) - they must report the employee's YTD totals with each Report. This is because the ATO replaces all previous pay's YTD amounts with this pay's YTD amounts. So provided you lodged the final pay for the year, even if you missed dozens of previous pay runs, the ATO will have the latest YTD amounts for the Income Statements. I am not suggesting or encouraging employers from lodging pay runs, legally you are required to lodge on or before the date of each payment. I am simply explaining how STP Reporting works from an employee's Income Statement point of view. Sure your Business Activity Statement prefill amount was wrong for the affected quarter, but as that quarter is long gone, nothing is gained by trying to lodge old pay runs. Regards Gavin27Views0likes1CommentRe: STP EOFY ATO Diff in Employee Gross Wages
Hi Cary1 The Payroll Register Summary and the YTD amounts reported to the ATO come from the Pay History section of the Employee's Payroll Details tab. The Pay History section can be edited, so I suspect someone made a change here and now the Activity Summary and the Register Summary does not match. Fix the Pay History section and lodge an Update Event and Finalise - this will correct the YTD amount reported to the ATO. Regards Gavin18Views0likes1CommentRe: STP final report for 2324 FY
Hi LMN If unable to finalise via Lite and you have a copy of the ARL file, you can finalise using 3rd party software like STP Creator. This was designed specifically for MYOB and the developer has a Temp licence option for short term users, such as to finalise or correct STP data lodged by other software. They also provide remote support to steps you through it, save you having to learn to use. Regards Gavin13Views0likes1CommentRe: Inventory Categories and Value subtotals
Hi Verdant The only way to reliably do this in MYOB is as you had it before - utilise separate Inventory Asset accounts - The Inventory Value Reconciliation (IVR) Reports will give you correct totals - provided you manage inventory properly. You need to understand that using 'I Inventory' in MYOB requires regular monitoring and adjusting to ensure the IVR stays 'balanced' otherwise the data becomes meaningless, and any value reports generated will likewise be meaningless. Get an inventory specialist to guide you. Regards Gavin