FBT Reporting

 

FBT is reported in Single Touch Payroll based on the FBT year. 

This is same way that FBT has always been reported on Payment Summaries, i.e. even through the Payment Summary is for the July - June Financial year, the FBT amount is reported on an April - March Financial year.

 

Below is a table showing an example of how FBT will be reported in Pay Events

 

Pay Date

FBT Amount on Pay

STP FBT Amount

15/02/18

0.00

0.00

15/03/18

5000.00

5000.00

15/04/18

0.00

5000.00

15/05/18

1500.00

5000.00

15/06/18

0.00

5000.00

15/07/18

0.00

1500.00

In the above scenario there had been no FBT payments prior to the March Pay.

 

How did we do?

EOFY Finalisation (STP Phase 1 - 2018) - Reckon Accounts

BAS Prefill - Reckon Accounts

Related Articles

Powered by HelpDocs (opens in a new tab)

Powered by HelpDocs (opens in a new tab)