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The Paid Leave Type field is available only if the leave type is assigned to the country of Australia.
Benefits
Under This enhancement allows you to configure leave types in preparation for Single Touch Payroll (STP) Phase 2 reporting, the ATO requires . Under STP Phase 2, leave payments to must be reported separately to other gross payments earnings and to be classified according to the type of leave that is paid. This enhancement allows you to prepare for STP Phase 2 reporting by providing the ability to map leave types that are configured in FastTrack360 to their respective STP reporting paid leave types so that leave payments can be reported accordingly once STP Phase 2 reporting capability is available in FastTrack360based on predefined ATO paid leave types and therefore this enhancement will facilitate the correct reporting of leave payments for STP Phase 2.
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STP Phase 2 compliant reporting capability will be provided added to FastTrack360 in a future release . This enhancement allows you to pre-configure leave types accordingly in preparation for STP Phase 2 reportingtowards the end of 2022. |
Configuration
After upgrading the Paid Leave Type field will default to N/A for all leave types that are already configured in your system and any new leave types that you create post upgrade. You will need to review each leave type to determine the paid leave type to which each leave type corresponds and the select the relevant option in the Paid Leave Type field accordingly.
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