Forum Discussion

KarenE's avatar
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...
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  • KarenE's avatar
    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's avatar
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's avatar
    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).

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

      Thanks Steven_M 

       

      Sorry we didn’t clarify the problem when asking for help. Karen has already processed the final pays for the year so how does she get the extra PAYG to report through STP?

       

      Thanks again

      Tracey

      • KarenE's avatar
        KarenE
        Contributing Cover User
        6 years ago

        Steven_M  bungy15 

         

        I still don't have a solution to my problem.  I am pannicking !!!

         

        I need to retrospectively get the Extra PAYG into STP and no-one seems to know how to do this ((esp. ATO - it's a Software problem!!))

         

        H E L P please :(

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