STP2 & EOFY 2022/23 Report

Sybiz Visipay 22.20 includes two custom reports to aid in the transition to both STP2 and the 2022/23 financial year. These reports can be run by clicking the Custom Reports tab at the base of the reports panel. The two custom reports are similar, the first version includes items whether they are active or not and the second version includes only active items.

Depending on the nature of the issue you will be guided to fix or review the items. The following information provides more detail as to the nature of the items that may be listed when you run the report.

Note: The 2022/23 specific information will only display after rolling into the 2022/23 financial year.

Name and/or email missing from Company Tax Details
A name and email address must be provided under Company…Tax Details.

This placeholder TFN is no longer valid
987654321 is no longer an acceptable temporary tax file number.

Employee information missing or invalid
The employee is missing address details, or their address is incomplete, a union has not been selected, or their employment basis has not been set. Edit the employee record for more information.

Salary Sacrifice item missing from deduction item in pay profile
If a new non-superannuation salary sacrifice deduction pay item has been added to a pay profile it should also have the corresponding salary sacrifice item selected.

Payment deduction item missing from deduction item in pay profile
If a new payment deduction pay item has been added to a pay profile it should also have the corresponding payment item selected.

Other Allowance does not have type defined
Other allowances should now be subcategorised by setting the ATO Code to the correct value in the Other Allowance pay items.

Non-reported Other Allowance does not have type defined
Similar to above but these allowances are not being reported. Be aware that if these allowances are to be set to report in future, they will require the ATO Code to be set.

Leave pay item does not have payment type defined
If the leave pay items do not have their payment type defined then the default of ‘Other’ (ie normal taking of leave) will be used when processing. If a leave pay item has been specifically configured for cash out or the payment of unused leave upon termination, then it is recommended to set the payment type on the pay item to eliminate the possibility of forgetting to set it properly upon processing.

No earnings/allowance/deduction pay item exists for this type
There are new types of pay items that can be utilised in STP2. Not all of them are required for every employer and if they become required in future, they can always be added.

If loading for lost overtime it needs to be reported as Overtime
Review the nature of any leave loading you provide. If it is directly attributable to the loss of ability to earn overtime while on leave, the leave loading must be reported as overtime instead.

A separate loading only pay item may be required for cash outs
If you cash out and/or leave on termination pay items have been configured correctly and/or you’re using a separate loading only pay item then the cash out of loading must be handled via a separate pay item.

2022/23 specific checks
These highlight changes to staff types that should be made after rolling into the 2022/23 financial year and prior to processing the first pay run.

Super rate on staff type less than 2022/23 ESG rate
Upon rolling the year the superannuation rate should be increased to a minimum of 10.5% in all staff types.

Monthly earnings limit not zero 2022/23
The ability to exclude employees from the payment of superannuation where they earnt less than $450 per month is no longer available from 1 July 2022, these amounts should be changed to $0 upon rolling the year.

Quarterly super contribution base 2022/23
If utilised the Quarterly Maximum Contribution Base for superannuation must be updated for 2022/23 upon rolling to $60,220.
 

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