ATO Reporting Categories
Hi All,
When assigning an ATO Reporting Category to Unused Leave on Termination, why does the dropdown have "Unused Leave On Termination" and "ETP Lump Sum A - Redundancy"/"ETP Lump Sum A - Termination". I selected the "Unused Leave On Termination" and the amounts paid are not appearing as ETP's in the Annual YTD Verification Report ahead of finalising the STP Reporting. Do I have to set-up another Payroll Category and select the "Lump Sum A - Termination" ATO category, then reactivate the relevent employees and process a negative value against the old category and a positive value against the new category somehow?
Knowledgable assistance would be appreciated. :-)
Many Thanks
Andy
Hi CC-Brendale
Thanks for your post. In STP Phase 2 there's different ATO reporting categories for unused leave and not all unused leave payments are ETPs. If you're not sure which reporting category to assign to your payments you will need to check with the ATO or your accountant. This link to the ATO website has information on ATO reporting categories in Phase 2: STP Phase 2 reporting.
The Help Article, Assign ATO reporting categories, has general information on this.
Once you know how the payment needs to be reported I'll be happy to assist with how to process it in your software.
