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Reconcile Wages Tax in Wagemaster Payroll

This report should be run to ensure that the wages recorded and paid in Wage Easy Payroll match the wages recorded & paid in your Agrimaster cashbook software.

To cross check that the wages tax withheld for each period reconciles with Agrimaster, you will need to run a payment summary report in Wagemaster (driven by Wage Easy Payroll software) as well as Agrimaster.

We recommend this process be done at the end of each wages tax withheld period as well as at the end of the financial year.

Generate the Payment Summary Report from Wagemaster

Follow the instructions below to run the Payment Summary Report from Wagemaster:

  1. Open Wage Easy Payroll
  2. From the Main Page of Wage Easy Payroll, select the Reports option
  3. Select Payment Summary, then Year to Date 
  4. Enter the date range you for the report. Ensure you select the relevant dates as required.
    • From field: Always choose the first pay period ending (PPE)
    • To field: Enter the last pay period ending (PPE) date
    • Or, you can use the Year To Date (Financial) option if you are doing the whole financial year
    • The Last Quarter can also be useful if you are doing a BAS period Check  

  

Generate the Wages Tax Deductions Report from Agrimaster

To run the Wages Tax Deductions Report from Agrimaster, follow instructions in this article.

Complete the Wages Tax Reconciliation Process

  1. Compare both reports and check that they reconcile. If adjustments are required, do so and re‐run reports
  2. Complete the PAYGW online through the ATO Business Portal (see Quarterly GST Reporting Preparation) then print out a copy of the PAYGW for our records
  3. Once the current cashbook month is reconciled and closed off, close off the current wages tax period and create the automatic payment to the ATO

For instructions on closing the wages tax period, click here

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