Email your MYO file to your supervisor’s email (Your teacher’s email).
(1 mark)
Checklist for Trainer:
Student emailed MYOB file
Correctly entered company name and details
Correct financial year and payroll year
Starting day of the week is Monday
Payroll was processed on Monday
Business Activity Statement, Assessment 1, v1.1
Page 46
Check Standard Pay details for all correctly entered data
Attached 2 payslips & 2 pay cheques printed from MYOB file
Printed and attached payroll liability report
Printed and attached payroll tax report if applicable
Printed and attached payroll journal
Student met all requirements of Task 16
Student did not meet all requirements of Task 16
Task 17 (1 mark)- Reconciliation
Reconcile the payroll for the month
To reconcile the payroll, you will need to do the following:
Print a Payroll Register Report for the month
Print a Profit & Loss Statement for the month
Print a Balance Sheet for the month
Using an appropriate format given below, reconcile your monthly payroll and submit the
completed reconciliation as part of your Assessment.
Reconciliation:
Blood & Bone Medical Fund
General Ledger Balance as per - see BS
0
Payroll Summary Report
0
Difference
0
F&C Union Fees
General Ledger Balance as per see BS
1.54
Business Activity Statement, Assessment 1, v1.1
Page 47
Payroll Summary Report
1.54
Difference
0
Superannuation Deduction
General Ledger Balance as per
- BS
1,623.86
Payroll Summary Report - Super
Deductions
Payroll Summary Report - Super
Expense
1,623.86
Difference
0
Business Activity Statement, Assessment 1, v1.1
Page 48
PAYG
General Ledger Balance as per
- BS
3,986.00
Payroll Summary Report - Tax
3,986.00
Difference
0
Task 18 (1 mark)- Handle Payroll Queries
You are required to answer the following questions in short written answer form.
Dot point is also acceptable if all parts of each question are answered.
1. The Manager is checking the cash flow for the period and can’t find the figures for the
payroll to date this month. He asks you to provide him with the following information:
•
The superannuation payable on the staff wages for the two weeks
•
The PAYG tax payable for the two weeks
What figures would you provide to the Manager?
2. An employee has contacted you requesting details of his total superannuation
payments.
He also requested, on behalf of his wife (Also works in the same
organisation), details of her total superannuation payments. He would like a total year to
date figure for him and his wife.
What advice would you provide?
3. An employee has advised that she may need to take some additional personal leave
for a hospital stay in the next few weeks. She thinks she might need to take about two
days for the hospital stay and maybe another day or two after that at home. She asks
you to check that she will have enough personal leave.
