Access WageEasy has a lump sum payment wizard, which allows for the payment of a lump sum item with tax calculated at marginal rates. The lump sum wizard is useful for bonus payments, commissions, and back pay.
Go to Wages, and select the Employee.
Select Next to go to the Adjustments screen.
Select Lump Sum on the left and click Add at the top of the screen. This will open the Lump Sum Payment Wizard.
Select Next and enter a Description, or select one from the drop-down. Leave Category blank. In the STP2 Phase 2 section, select the correct Reporting Group and Reporting Sub Group.
Click Next. If you select Lump Sum Payments (for back pay), Lump Sum E, you need to allocate a year the lump sum belongs.
The Amount is the lump sum value to be paid. If the superannuation guarantee is to be calculated on top tick, Include in Superannuation Calculation.
Click Next.
Tax can be selected to calculate marginally based on a number of pay periods or a number of pay slips. Select the date range. Select either Use PPE Count between select dates or Use employee payslip count between selected dates. Click Next.
A Summary of the Tax Calculation will be shown. Next.
Summary Details can be printed. These details will be saved in the employee file under Employment, Notes.
A short summary of the payment will be shown. Click Finish to complete the wizard and return to processing the pay slip.
Note: A Departmental, Lump Sum Payment report has been created and can be located in Reports, Department, Lump Sum Payments. These items will also appear in the Allowance column of the Gross Payment Reconciliation report and Payroll Cross Check reports.