Reportable Fringe Benefit Tax (RFBT) amounts entered onto an Employee's record will be reported in the current Financial Year. To add or change the RFBT values for a previous Financial Year use STP Adjustment.
For employees who haven't been paid in the Financial Year you want to adjust, you will need to complete a Previous Year Adjustment before the STP Adjustment.
Previous Year Adjustment
Go to Payroll, Transactions, End of Year, Previous Year Adjustment.
Select the Employee.
Then select the Financial Year End.
From Adjustment Pay Summary select Normal Hours.
Click Add.
Enter 0.01 as the Value.
Click Process to save the transaction.
Go to Payroll, Transactions, Import and Export, STP Update.
Select Payroll Company, Employee and the Financial Year.
Tick All Employees paid in the selected Financial Year.
Click Apply.
You should see the employee you completed the Previous Tax Year Adjustment for with a Gross Taxable of 0.01
Tick Final Event.
Select the Employee by ticking the checkbox on the left.
Click Update ATO.
Complete the Declaration.
Ensure that the Update Event is successful by checking STP Reporting (Payroll, Transactions, Import and Export).
STP Adjustment
Go to Payroll, Transactions, Import and Export, STP Adjustment.
Select the Payroll Company, Employee and the Financial Year.
Click Apply.
Double-click on the employee in the Grid. This will open the STP Adjustment window.
Enter or update the Reportable Fringe Benefit (YTD) amount.
If you entered a Previous Year Adjustment, select the Income Type (e.g. SAW) and zero out any earnings you don't want to report.
Click Save.
Select the employee by ticking the checkbox on the left.
Click Update ATO.
Complete the Declaration.
Ensure that the Adjustment Event is successful by checking STP Reporting (Payroll, Transactions, Import and Export).