Unable to select previous Tax years in the Payment summaries window

Legacy KB ID: 4606

Question

Why can’t I see previous Tax Years on the Print Payment Summaries window in the latest version of Accounts Business (formerly QuickBooks)?  I have employees who receive pays and had tax withheld in those years.

 

Answer

A small corruption has occurred in your installation of Accounts Business.  You can repair this corruption by refreshing a pay in the previous Tax Year.  Rebuilding the datafile will not correct this issue. 

 

Solution: 

Refresh one pay from the past Tax Year:

 

Warning for Accounts Business 2013 R2 (Tax Table Update 2013 applied)

Because of the change in the Super Guarantee rate (SA) from 9.00% to 9.25% on 1st July 2013, it is important that for this procedure you select a pay that does not contain the super payroll items:

  • Super Guarantee (SA) that exceed the compulsory 9.00%;
  • Collective Agreement (CA) that exceed the agreed percentage.

when the Preference:  Calculate RESC difference for SA and/or CA payroll items has been ticked.

Other RESC reportable super items like:

  • Super Salary Sacrifice (SS);

·         Employer Additional (EA);

are not affected. 

*********************************************************************

 

1.    Double click on an old pay of an employee;

2.    Click on Paycheque Detail to see the Review Paycheque screen;

3.    Click on Unlock Net Pay;

4.    Tick the Do not accrue time box;

5.    Untick the do not accrue time box;

6.    Click OK to save;

7.    Click on Save & Close to complete the adjustment.

You will now be able to see previous Tax Years.

 

Additional Information

Refreshing a pay will force a recalculation of any amounts that are reportable to RESC from SA and CA super items, and in Accounts Business 2013 R2 this calculation will now be done against the current Super Guarantee rate of 9.25% and not against the 9.00% that prevailed at the time the pay was processed, resulting in reporting less in RESC than before the Tax Table Update 2013 was applied.

 

How did we do?

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