As soon as you have the Fringe Benefits Tax (FBT) values for the FBT year (that is, for 1 April to 31 March), you can process your reportable fringe benefits transactions as an adjustment pay. You can also enter your reportable FBT at the end of the financial year. Please note the following:
You enter the non-grossed up or net value of the benefit provided because Attaché Payroll calculates the grossed-up amount that needs to be reported to the ATO.
The Single Touch Payroll (STP) will display the Grossed-up value.
Where possible, process FBT before the last pay for the year.
For the correct entry of FBT transactions, please see the sections below.
⚠️WARNING:
For year-end FBT processing, if an employee has no other STP-reported pay in the current financial year but requires FBT reporting, their STP batch must be submitted to the ATO by 30 June, or it will be rejected. See: Attaché Payroll: Single Touch Payroll batch displaying error: The update is referring to a previous year where STP reporting did not occur CMN.ATO.PAYEVNT.EM92168.
Process FBT amounts entered BEFORE the last pay in the financial year.
The payroll officer receives the FBT amounts from their accountant, or any other person providing the values BEFORE the last pay in the financial year.
Follow the steps below under the headings:
Enter reportable fringe benefit amounts as an Adjustment for each employee.
Process Reportable Fringe Benefits.
Reconcile the Fringe Benefit Exempt and Non-Exempt amounts in the Single Touch Payroll batch. See: STP Reconciliation report link in Scenario 1 above.
If an amendment is required:
Yes - move Scenario 3 below.
No – move to Step 4.
Complete the remaining EOY Processes as per the Attaché Payroll EOY Quick Reference Guide.
Process FBT amounts entered - AFTER the last pay in the financial year
Scenario 1
The payroll Officer receives the FBT amounts from their accountant, or any other person providing the values AFTER the last pay in the financial year, the payroll officer hasn’t completed the end of year process but needs to make sure the values are entered.
Process the last payroll for the financial year.
Complete the Finalise your employees' steps as per the Attaché Payroll EOY Quick Reference Guide.
Follow the steps below under the headings below:
Enter reportable fringe benefit amounts as an Adjustment for each employee.
Process Reportable Fringe Benefits
The Pay period Ending will be 30/06/2025, and the Date Paid is 31/03/2025.
Reconcile the resulting STP batch for the financial year. See: STP Reconciliation report.
Complete the remaining EOY processes as per the Attaché Payroll EOY Quick Reference Guide.
Scenario 2
The payroll Officer receives the FBT amounts from their accountant, or any other person providing the values AFTER the last pay in the financial year. The payroll officer has completed the end of year process because they need to process their first pay for the financial year.
Process the last payroll for the financial year.
Run the STP Reconciliation Report.
Complete the Finalise your employees' steps as per the Attaché Payroll EOY Quick Reference Guide.
Complete the remaining EOY processes as per the Attaché Payroll EOY Quick Reference Guide.
Create a copy of your historical payroll data as per the Attaché Payroll EOY Quick Reference Guide.
Link the company to the primary company as per the Attaché Payroll EOY Quick Reference Guide.
Process the FBT adjustments in history company.
Follow the steps below under the headings:
Enter reportable fringe benefit amounts as an Adjustment for each employee.
Process Reportable Fringe Benefits.
The Pay period Ending will be 30/06/2025, and the Date Paid is 31/03/2025, and process the pays.
Run the STP Reconciliation Report.
Process current year pays in the live company.