Forum Discussion

jojo1410's avatar
3 years ago

income type needed

When you are setting up STP, what does the error saying "income type needed " mean

  • Sam_R's avatar
    Sam_R
    Former Staff

    Hi jojo1410,

     

    Thank you for your post.

     

    For each listed employee, you will need to choose the applicable Income type ( Either -Salary and wages, Closely held payees, Working holiday maker, Seasonal worker program or Labour hire). If unsure, check with your accounting advisor or the ATO to see which one needs to be selected.

     

    You can find the Income type in your employee's card > Payroll Details > Taxes > Income type

     

    If you have any further queries, please reach out.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

    • Why don't you provide that information within the payroll software rather than having users do this here in the forums? MYOB needs a very serious overhaul. Too much sugar coating on MYOB to even care!

      • Sam_R's avatar
        Sam_R
        Former Staff

        Hi Isoflex,

         

        Thank you for your post. 

         

        If you'd like to put forward your suggestion to our developers, please do so via our Idea Exchange Board

         

        In addition, if you wanted to find more information to better understand the software, we've created a dedicated learning space where users can enroll in online learning courses that cover many aspects of the software - MYOB Academy. We have also created Help Articles that have assisted the majority of our user queries. you can search for those hereThe query on this thread was answered using one of those Help articles, found here.

         

        If you were needing any assistance with your software, please do reach out. 

    • Further to this - what should have been added is you will find this under the Taxes Tab, took me ages to find where this actually was to correct it.

      • CarlyP's avatar
        CarlyP
        Contributing User

        Thank you Wendy, this helped immensley.

    • CarlyP's avatar
      CarlyP
      Contributing User

      What if you have this selected and yet it still has the error message come up?

  • When you are setting up STP, what does the error saying "income type needed " mean