Description
Pay codes can now be flagged as being applicable for payment of bonuses and commissions.
Benefits
This enhancement allows you to prepare the configuration of pay codes for Single Touch Payroll (STP) Phase 2 reporting. Under STP Phase 2 reporting, bonus and commission payments must be reported separately to other gross payments and therefore flagging pay codes as being used to pay bonus and commission payments will allow such payments to be reported correctly when STP Phase 2 reporting is introduced in FastTrack360 later in 2022.