This article is for users wanting to setup wages tax in Agrimaster. The tax deducted setup is used for the collection of wages tax for inclusion in the Business Activity Statement.
To Setup Wages Tax:
- From Agrimaster Home Page, click on Setup & Tools.
- Click on Cashbook Setup.
- Click on Tax.
- Click on Setup Tax Deducted.
Your wages tax set‐ups should be similar to those shown below.
Please Note:
Agrimaster uses Allocations to calculate your wages tax correctly on the BAS (W1 &W2). It is important this area is setup correctly.
- You will need three new Allocations:
- Wages Gross.
- Wages Tax Deducted.
- Wages Tax Remitted.
- You will need two new Codes:
- Wages Tax Deducted.
- Wages.
- Choose your Start Month and PAYG reporting frequency.
- If you do not have Allocations or Codes, you will need to click on the Add/Edit Allocation List and Add/Edit Code List buttons to add them.
- Once the Allocation and Codes are added, complete the following:
- Click on the dropdown list and find the Wages Gross Allocation.
- Click on the dropdown and select Wages Tax Deducted Allocation.
- Click on the dropdown and select Wages Tax Remitted Allocation.
- Click on the dropdown and select the Wages Tax Code.
- Click on the dropdown and select the Gross Wages Code.
- Click on the Activate checkbox.
- Click on the dropdown list and find the Wages Gross Allocation.
Next Step: Setup The Wagemaster File Payroll Configuration in Agrimaster
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