Cashbook Connect and Standard V2022.2.4.123 Release Notes
Release notes for Cashbook Connect and Standard version 2022.2.4.123 released 6th December 2022.
Summary
Single Touch Payroll Phase 2 (STP2) is the second iteration of the Australian Tax Office's system for reporting payroll payments to employees. Major changes have been made to Cashbook to accommodate an employer's reporting requirements and assist Practical Systems client's with meeting their obligations.
Major Changes
Single Touch Payroll Phase 2: As noted, the most significant changes to Cashbook Platinum centre around STP2 and its detailed reporting system.
These changes include:
- STP Phase 2 integration with SuperChoice and the ATO.
- STP categorisation for Pay Rates, Allowances and Deductions.
- STP Tax Treatment Code added to Tax Scales.
- Cessation Type for terminated employees.
- STP Income Type categorisation for employees and their pays.
- Revamped STP Summary screen for easier review of detailed submissions.
- Changes to Employee Status option.
- Event History with backwards compatibility for STP1 submissions.
Minor Changes
- Fixed incorrect date range filtering for Reportable Fringe Benefit Amounts in STP.