How Do I Change Transaction Group Tax Code

This article explains how to check and update transaction group tax codes in Jobpac Payroll. Group tax codes affect how payroll values are reported, so it is important to review and correct them before completing payroll reconciliation, month-end, or EOFY payroll tasks.

If you change a transaction group tax code, you must also rebuild PAYG values so employee group values are updated using the corrected settings.

Check group tax codes

Start by printing the Company Transaction Report. This report lets you review the group tax code assigned to each transaction code.

1. Go to the Company Transaction Report.

Payroll > Company Information > More Options > Company Transaction Rep

2. Print or run the report.

3. Review the group tax codes for each transaction code.

If all group tax codes are correct, no further action is required. If any transaction codes have incorrect group tax codes, continue to the next section.

Fix group tax codes

Use the Fix Trans Group Tax Code utility to update incorrect group tax codes. This screen also allows you to edit the payroll tax code and taxable flag for each transaction code.

1. Go to the Fix Trans Group Tax Code utility.

Payroll > Utilities > Fix Trans Group Tax Code

2. Select the year you need to correct:

• Current Financial Year

• Last Financial Year

  

3. Click OK.

Jobpac displays the transaction codes for the current WorkID.

4. Find the transaction code you need to update.

5. Double-click in the Group Tax Code field for that transaction code.

6. Enter the correct group tax code.

7. If required, update the Payroll Tax Code or Taxable Flag.

Note: The transaction codes shown are for the current WorkID. Confirm you are working in the correct WorkID before making changes.

Rebuild PAYG values

After correcting group tax codes, rebuild PAYG values. This updates employee group values using the corrected group tax code settings.

1. From the Fix Trans Group Tax Code screen, open the Action menu.

2. Select Rebuild PAYG Values.

3. Allow Jobpac to rebuild the employee group values.

Note: Rebuilding PAYG values is required if you have changed any group tax code settings.

Check employee group values

Once PAYG values have been rebuilt, review employee group values to confirm the corrected group tax code settings have been applied.

1. From the Fix Trans Group Tax Code screen, open the Action menu.

2. Select Employee Group.

3. Review the employee group values.

4. Confirm the values now reflect the corrected group tax code settings.

What to do next

After the group tax codes have been corrected and PAYG values have been rebuilt, return to your payroll reconciliation process and confirm the relevant reports now reconcile.

If you are reconciling payment summaries, continue with How to reconcile payment summaries to accumulated pay in Jobpac.