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 it right before EOFY) it is not picking it up as a separate line item (should it?). I realise (now) there is an area in the Taxes tab in the Employee Card (see attached - I have not used this)How can I retrospectively update this so I can get a report that showes it in correct format.The payroll reporting pages don't seem to include the extra tax paid by four employeesNeed help. Thank youKaren

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 + 728PAYG 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 !!!

Forum Discussion

KarenE

Contributing Cover User

6 years ago

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 it right before EOFY) it is not picking it up as a separate line item (should it?).

I realise (now) there is an area in the Taxes tab in the Employee Card (see attached - I have not used this)
How can I retrospectively update this so I can get a report that showes it in correct format.
The payroll reporting pages don't seem to include the extra tax paid by four employees

Need help. Thank you

Karen

Extra PAYG.docx186 KB

AccountRight Live

KarenE
6 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
Ultimate Cover User
6 years ago
KarenE

Karen 😊

Extra tax payment
- bungy15
  Ultimate Cover User
  6 years ago
  Hi Suja_P , Steven_M , Haydes
  
  Are you able to help with this please?
  
  Thanks ☺️
  ‘Tracey
  - Steven_M
    Former Staff
    6 years ago
    Hi KarenE
    
    I think bungy15 has covered the recommended process for ensuring that extra tax is paid to the employee with the link to STP extra tax payment. The only thing that I would add is that this value is not separate but is added to the PAYG withholding amount for the employee. For example, if they have $100 set as extra tax and they would normally get $50 PAYG, the PAYG withholding amount for that pay and consequently for payroll reporting would be $150 (normal + extra amount).