See the scenarios below that detail situations where Fringe Benefits tax (FBT) transactions do not display or do not display correctly in Single Touch payroll.
If the FBT amounts do not appear in STP
If the amounts do not appear in STP, it will mean point to two possible scenarios:
The wrong date was entered in the Date Paid field when checking and processing the FBT pay(s) in Attache. The Date Paid on the Check Pays screen should be entered as 31st March, or earlier.
The amounts entered may be under the Reportable fringe benefit threshold.
Scenario 1 - Date Paid was incorrect
Go to Payroll, Masterfiles, Employee Details, Enquire.
Click the Summary (F7) button, then Itemise (F6) button.
In the Itemised Totals pop-up window, select Employer Contributions.
The Current Year Total Fringe Benefit and Next Year Total Fringe Benefit amounts show separately here (note the dates listed in the field labels). If June 30th or a date after 31st March was used to process the FBT, then the value will show in the Next Year Total Fringe Benefit field.
To reverse this if done in error, you will need to:
Reverse the processed FBT pay using the incorrect original dates.
Re-enter and process the pays with 31st March as the Date Paid. Refer to set up, enter and process reportable fringe benefit amounts.
Amounts entered are under the Reportable fringe benefit threshold
If the amounts entered are under the Reportable fringe benefit threshold, this means they do not need to be reported through STP. The taxable value must exceed $2000 (what is entered in Attache).
The minimum grossed up value is $3773 (what will be seen in STP). See: Fringe benefits tax - rates and thresholds | Australian Taxation Office.
If the FBT amounts are incorrect
If the FBT amounts are incorrect, the scenarios below may apply:
Scenario 1
You may have entered the grossed-up values in Attache instead of the un-grossed (net) value. The amounts seen in Single Touch Payroll are then grossed up accordingly. To resolve this issue:
Reverse the processed FBT pay link above using the original Date Paid date.
Re-enter and process new pays with 31st March as the Date Paid. Refer to the set up, enter and process reportable fringe benefit amounts link above.
Scenario 2
Last year's FBT amounts were entered in error with June dates and never reversed. They are being included along with what has just been entered for the current financial year. To resolve this issue, reverse the processed FBT pays, re-enter and process new pays as per scenario 1 above.
Scenario 3
Other amounts have been entered during the year on a different code other than the standard FBT Employer Contribution codes. To check this, use the Pay Element Details reporting section to find these transactions:
Go to Payroll, Reports, Pay Element Details, Deductions/Allowances/Employer Contributions.
Don't select any codes Deduction/Allowance/Employer Contributions Code Range task area.
Select Summary in the Report Format task area.
Select Print (F9) to run the report.
If you find transactions that are incorrect, you can run the report using that code selecting Details in the Report Format task area to see more detail.
After identifying the incorrect transactions, reverse the processed FBT pays and re-enter and process new pays as per scenario 1 above.