Payment Summaries (Australia only)
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The Payment Summaries prints ATO approved plain paper tax certificates for each payee. For each payee, the payment summary totals are printed by pay item tax category. The tax category is specified by the 'TaxCategory' property set in the Pay Item Edit screen. See below for a list of the payment summary fields and the set up required to include pay items in the totals.
Kwik-Pay will attempt to create a separate payment summary report for each payment summary type. If there are not summaries to print for a certain type, it will display a warning message.
Select Tax Year and Summary Type
Payment summaries will normally be printed for the current tax year, but you have the option of re-printing a summary for a previous tax year if you wish.
There are a number of different formats for payment summaries, depending on the payee tax category selected on the Payee Tax Conditions screen. If an employee has received an ETP payment in the year, an ETP certificate may be produced as well.
An 'Options' button is not available because the payment summary reports are produced according to an ATO specification and cannot be changed without ATO approval.
Select Payees
By default, the payment summaries will be created for all payees who received a reportable payment in the selected tax year. You can select summaries for a single or a group of payees if you wish.
Report Output
You can direct the print output to a printer, a preview window, or a file in one of several different formats. Click here for more details.
Payment Summary Set up
- Gross Pay - includes the total of all pay items with a 'TaxCategory' miscellaneous property set to 'Income'
- Tax - total of pay items with a 'TaxCategory' miscellaneous property set to 'Tax'
- Allowances - total of each payment pay item with a 'Notifiable' miscellaneous property set to true. If there are more than 4 pay items with 'Notifiable' property, the 4th line is the total of the 4th and all other allowances.
- Deductions - total of each deduction pay item with a 'Notifiable' miscellaneous property set to true. If there is more than 1 deduction pay item with 'Notifiable' property, the line is the total of all notifiable deductions.
- Lump Sums - total of each pay item with a 'Lump Sum' miscellaneous property set to a value.
- Fringe Benefit - total of all pay items with a 'TaxCategory' miscellaneous property set to 'FringeBen'. The total amount is grossed up to the taxable amount by multiplying the net fringe benefit amount by (1 - FBT rate).
- CDEP - includes the total of all pay items with a 'TaxCategory' miscellaneous property set to 'CDEP'
- Other Pay - includes the total of all pay items with a 'TaxCategory' miscellaneous property set to 'OtherPay'