Description
A new field labelled Paid Leave Type has been added to the header of the Leave > Maintenance > Leave Type > Leave Type Entry screen to allow a leave type in FastTrack360 to be mapped to a paid leave type that will be used for Single Touch Payroll (STP) Phase 2 reporting. An example of this new field is highlighted in the example below.
The Paid Leave Type field is available only if the leave type is assigned to the country of Australia.
Benefits
This enhancement allows you to configure leave types in preparation for Single Touch Payroll (STP) Phase 2 reporting. Under STP Phase 2, leave payments must be reported separately to other gross earnings and to be classified based on predefined ATO paid leave types and therefore this enhancement will facilitate the correct reporting of leave payments for STP Phase 2.
STP Phase 2 reporting capability will be added to FastTrack360 in a future release towards 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.
For more information about each of the paid leave type options that are available and what option should be selected to ensure that leave payments will be reported correctly under STP Phase 2, see Reporting of Paid Leave Under STP Phase 2.