Follow

What's New in Wagemaster v7.1.0.8092

We always recommend installing the latest software version so you don't miss out on important updates and improved functionality.

Before updating:

Wagemaster must be closed and backed up to File Manager.

What is included in v7.1.0.8092?

If you were reporting STP with Wagemaster for the 2018/19 financial year and processed Redundancy Payments for Employees, this release has a fix that may affect you.

If you processed redundancy payments which exceeded the redundancy tax-free limit and two ETP’s are paid - Code R for the redundancy and Code O (eg for payment in lieu of notice, unused sick or RDO leave).  Currently, only one record is being reported in STP. This has been corrected in this Wagemaster release.   

Please note that this issue is only of concern where the ETP included both Codes.
If you are reporting through STP and have processed terminations that include Code R and Code O ETP’s upgrade to this version prior to finalising STP reporting for 2018/19 to ensure that all ETP records are reported correctly.

After Upgrading:

For the impacted employees, complete the STP Update Event and mark as Final for the 2018/19 Financial Year as per the instructions here

No further adjustment to the payroll is required.  

 

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments