Manage Allowance items

Allowance items

Reckon payroll has seven pre-configured allowance items for you to use in your pay runs. To view these allowance items go to the Settings menu and select Allowance items.

Adding an allowance item

To configure additional allowance items:

1. Open the Settings menu
2. Select Allowance items
3. Push the + button
4. Select an Allowance type, enter an Allowance name, select Calculation basis, and select the Expense account.
   To help you prepare for the introduction of Single Touch Payroll 2 we have added the option to select the STP Phase 2 allowance type when creating an allowance item. This field is not compulsory, but if you decide not to enter STP Phase 2 allowance type now you will need to come back and update the item before you make the switch. Preparing Allowances for Single Touch Payroll Phase 2 - mobile app has a step by step guide on how to update allowance items before switching to STP Phase 2.

   

5. You can enter a description for the allowance item.
6. By default the allowance item will have Tax applicable selected using the calculation method Gross Payments.
7. By default the allowance item will have Show as allowance for STP selected
8. You can Set default values

   

9. Expand the Super preferences (optional) menu to set superannuation preferences for the allowance item. All items are not selected by default.

   

10. Once all settings are complete select Done
11. New allowance item can be used in future pay runs

    

Need more help?

Ask the Reckon Community at: https://community.reckon.com/categories/payrollapp

Or Log a Support Ticket: https://www.reckon.com/au/support/