Payment Summaries
MYOB Acumatica — Payroll can
generate the following payment summary types for submission to the ATO:
- Individual Non-Business (INB)
- Business and Personal Services (BPS)
- Voluntary Agreement (VA)
- Working Holiday Maker (WHM)
Payment summaries are created and processed in batches, similar to superannuation or payroll
tax batches.
Note: The BPS and VA types are supported by Single Touch Payroll reporting only, i.e. you cannot report them using
the PSAR.
Note: The Working Holiday Maker type is a Payment Summary type for reporting
purposes, but in practise it is actually the Individual Non-Business type, with WHM earnings
reported separately. This applies to the PSAR and Single Touch Payroll.
Setting up the System for Payment Summaries
To set up the system for payment summaries, all pay items that should be included in payment summaries must be assigned a Payment Summary Category. A Default Payment Summary column is available on the Pay Item Types (MP.PP.21.60) form to assign a default category to pay items; the default can be changed for individual pay items on the Pay Item Liabilities (MP.PP.10.25) form.
Generating Payment Summaries
Payment summary batches are created on the Create Payment Summary Batch (MP.PP.50.03) form.
To create a batch, select the year from the Financial Year dropdown; the details of all payment
summaries included in the batch will be displayed. You can tick the selection boxes next to each
line to select an individual employees or group of employees to include in the batch (if no
employees are selected, payment summaries will be generated for all employees). Select Save
Batch from the Actions dropdown to create the batch for the selected lines.
Note: Once an
employee has been included in one payment summary batch, any payments for that employee will be
automatically excluded from any subsequent batches.
Once a batch has been created, you can open it on the Manage Payment Summary Batch
(MP.PP.50.04) form to view details of all of the employees, payments and pay items in the
form.
Note: Basic details of all batches are displayed on the Payment Summary Batches
(MP.PP.40.55) form.
Processing Payment Summaries
Payment summary batches are processed on the Manage Batch form. Batches can be submitted for
approval in the same way as other batches in payroll.
Note: Settings relating to payment summary
batches are available on the General Settings tab of the Payroll Preferences
(MP.PP.11.00) form. These include an Auto Approve setting, which skips the approval process
when ticked.
Once a payment summary batch has been approved, it can be distributed by one
or both of the following methods:- Submitting it electronically to the ATO using Standard Business Reporting (SBR).
- Generating payment summary PDFs and sending them to employees.
- The Batch Status field in the form’s header displays the status of the batch as a whole.
- The Submitted to ATO field in the form’s header displays the number of payment summaries that have been successfully submitted.
- The Lodgement Status field on the Employee Details form displays the status of each individual payment summary.
Payment Summaries can be exported to PDF on the Process Summary form (MP.PP.52.11). This form
offers three options for distributing payment summary PDFs:
- A single PDF containing all employees' payment summaries can be generated and downloaded from the Process Summary form.
- PDFs can be generated for each employee and emailed directly to them.
- PDFs can be generated for each employee and made available for download on the MYOB Acumatica Customer Portal. A link to the portal is emailed to each employee.
Note: The default distribution method is set on
the General Settings tab of the Payroll Preferences (MP.PP.11.00) form. This form
also lets you set the Notification Templates to be used for payment summary emails.