How to enable Taxable Payments Annual Report, assign Suppliers to the Report and process the report

Legacy KB ID: 4858

Question

How do I activate the Taxable Payments Annual Report feature in Reckon Accounts Business 2013 (and later versions) and how do I assign my hundreds of Suppliers to appear on this report?

Answer

To turn on the Taxable Payments Annual Report:

1.    Edit > Preferences > Tax > Company Preferences

2.    At the bottom of the screen, tick the box Enable the Taxable Payment Reporting

 

Complete business information in the Company menu:

1.    Company > Company Information

2.    In the Payroll Tax Form Information section, enter

a.    A Contact Name

b.    The title of the Contact

c.    The Contact’s phone number – 10 digits only; area code and number.

 eg: 0295775000

3.    Under Company Information, ensure the Branch No box next to your ABN number is blank.

4.    Under Company Name and Legal Name….., ensure your company name does not contain illegal characters:

a.    Windows Naming Convention:  <  >  :  “  /  \  |  ?  *

b.    Other non-alphanumeric characters:  ~  !  @  #  $  %  ^  &  (  )  +  =  `

5.    Under Contact Information, enter your business phone number in the Phone # field.

 

Check that Supplier Names do not contain non-ASCII characters in their name.  some of the following characters are non-ASCII:

a.    Windows Naming Convention:  <  >  :  “  /  \  |  ?  *

b.    Other non-alphanumeric characters:  ~  !  @  #  $  %  ^  &  (  )  +  =  `

We suggest you avoid all these characters in Supplier Names. 

 

To assign a Supplier for the Taxable Payments Annual Report:

1.    In the Supplier Centre, right click the Supplier and select Edit Supplier;

2.    On the right hand side of the screen, tick the box Include in Taxable Payments electronic report;

3.    Click OK to save.

 

If you have a large number of Suppliers to assign to the report, you can make the change in an export file and re-import:

1.    In QuickBooks, File > Utilities > Export > Lists to IIF;

2.    Tick the box Suppliers List and click OK;

3.    Name the file;

4.    Open the export file in Excel;

5.    Locate the TAXABLEPAYMENTSRPT column (it should be the last column);

6.    For each relevant Supplier, change the N to Y;

7.    Save the file, keeping it in the IIF format;

8.    Import the file into Quickbooks:

a.    File > Utilities > Import > IIF Files;

b.    Select your export file.

 

For the basic information required of Suppliers, see KB4566:      https://kb.reckon.com.au/issue_view.asp?ID=4566

 

Names and Addresses of Suppliers must conform to a specific format to properly appear on the Taxable Payments Report.  See KB4828:

https://kb.reckon.com.au/issue_view.asp?ID=4828

 

To process the Taxable Payments Report:

          Suppliers > Tax Activities > Process Taxable Payments

 

Please Note that the Export View that is generated when you create the electronic file shows only the amounts being submitted for each Supplier and does not show the Supplier ABN number.  The ABN number is recorded in the electronic file.

 


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Related Articles

Taxable Payments Annual Report (TPAR)
How to enable/process Taxable Payments Annual Reports (TPAR) in Reckon One.
Locating the Taxable Payments Annual Report electronic file
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