STP2 - Reporting the Amounts Paid

STP2 - Reporting the Amounts Paid

Single Touch Payroll Phase 2 requires certain pay components to be itemised when reporting Payee pays, and certain Deductions for Employer's Gross.

For more information on the specific items that need to be itemised separately from the Gross Pay, please refer to the ATO Guidelines

Pay Rates
Cashbook allows you to set up regularly used pay rates in the Set Up Lists.  This section is divided into:
  1. Pay Rates - includes Salary Sacrifice, Leave and Overtime
  2. Allowances - includes Lump Sums, Bonuses and Commissions and Directors' Fees
  3. Deductions - includes Union Fees, Workplace giving and child support.
  4. Employment Termination Payments
Amounts are included in the Gross if not specifically mentioned for STP2 and itemised in the Summary Screen.




Select an appropriate Pay Rate and adjust the template to suit your needs by double clicking on it.. 
Not all the above Pay Rates will be found in your Cashbook.  See below on how to add any missing.
Adding detail to the template in Set Up Lists will mean these rates are available for use in payroll transactions. If you have several payees that regularly using the rate, you will need to assign it in the Default Pay Rates.
 


If you cannot find a pay rate that suits your needs or you would like to have a customised payrate, click on Add at the bottom of the window.



With any Pay Rate, please verify with your Accountant what should include tax or super.

Adding Default Pay Rates

Customising each payee streamlines adding the pays and makes it more time efficient.





You can add different pay types to the Standard Pays, Allowances and Deductions section of each Payee's Default Pay Tab and adjust the lines according to how often they have the same type of pay. 

If each pay is different, leave the default pay to the rate and a single unit and when you add the pay you can adjust the units to reflect the amount that needs to be paid.