Using an appropriate format given below reconcile your monthly payroll and

Using an appropriate format given below reconcile

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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 Payroll Summary Report Difference - F&C Union Fees General Ledger Balance as per see BS Payroll Summary Report Difference - Superannuation Deduction General Ledger Balance as per - BS Payroll Summary Report - Super Deductions Payroll Summary Report - Super Expense Difference - Business Activity Statement, Assessment 1, v1.1 Page 55
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PAYG General Ledger Balance as per - BS Payroll Summary Report - Tax Difference 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. What advice would you give her? 4. One employee has a query regarding his superannuation. He is concerned that no superannuation has been calculated on his Pay Slip for the week. What advice would you give him? Business Activity Statement, Assessment 1, v1.1 Page 56
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Task 19 (1 mark)- BAS and IAS Complete PAYG Tax withheld portion of the Business’s Activity Statement from the following information: Information 1: Payroll Reconciliation for the month ending 30 June Wages and Salaries "Wages and Salaries" as per Profit and Loss 70,104.15 Payroll Register Summary Reports - Wages 70,104.15 Difference Nil PAYG "PAYG Withholding Payable" as per Balance Sheet 18,087.0 0 Payroll Summary Report - Taxes 18,087.0 0 Difference Nil Superannuation Superannuation Guarantee - Payroll Register Detail Report 6,309.38 Salary Sacrifice - Payroll Register Detail Report 3,100.00 Employee Additional - Payroll Register Detail Report 2,400.00 Total Superannuation 11,809.38 Less Payments - Superannuation Payments by Fund 2,053.84 Superannuation to be paid 9,755.54 Superannuation Payable as per Balance Sheet 9,755.54 Difference Nil
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Complete PAYG Tax withheld portion of the Business’s Activity Statement from the following information (5 marks) : Information 2: The company has also paid $5,243 to a contractor where no ABN was quoted in the invoice. Requirement: It is the 21 st July and you are preparing your monthly Business Activity Statement (BAS). From the above information please complete the following section from the company’s Business Activity Statement (BAS): You must submit: All tasks provided in the assignment must be submitted.
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