An Update Event can be used to correct Employee YTD figures where a change has been made to a prior Employee Pay Event.
An Update Event can be used to: -
-Correct misclassifications where, for example an item has been reported as Gross Payments when in fact it should have been reported as an Allowance
-Where the Employee YTD data in the Payroll System doesn’t match what has been reported to the ATO.
To lodge an Update Event from Reckon Accounts:
- Open the Lodge Single Touch Payroll window
- Tick the Update Event option
- Select the Employees that you wish to Update
- Click Lodge