Purpose
The purpose of this quick reference guide is to step through the process of creating FBT Pay Codes. The intended audience for this document are system administrators / standard users.Steps
Create a new FBT Pay Code record
Pay Codes are applied to Pay Transactions processed for an Employee. The FBT Pay Code Record Type is used to define the Pay Codes used for Reportable Fringe Benefits Tax (FBT) relating to a Payee. The record holds General Information and Pay Code Setup details. Create a FBT Pay Code by following the below steps:- Click on the App Launcher icon. (See Figure 1)
- Go to the Pay Codes object by using the Search function. (See Figure 2)
- Click on the New button. (See Figure 3)
- Select FBT from the available record types and click on the Next button (see Figure 4).
- Follow the steps in the sequence given below:
- Populate the following required fields to provide the base details of the FBT Pay Code (see
Figure 5):
- Pay Code Name
- Description
- Pay Advice Description
- Pay Advice Sort Order
- Populate the following required fields to provide the base details of the FBT Pay Code (see
Figure 6):
- Pay Rate Multiplier
- Populate the following optional fields as required (see Figure 6):
- If Pay Transactions associated with this Pay Code will be reported to the ATO via STP as Exempt, check the PAYG Tax Exempt? checkbox.
- To exclude any transactions related to this Pay Code from the standard Pay Advice PDF, check the Exclude From Pay Advice checkbox.
- Populate the following required fields to provide the base details of the FBT Pay Code (see
Figure 5):
- Click on the Save button.
FTB Pay Codes CANNOT be deleted if they have related records or are used in other
records. Deleting records is not recommended unless absolutely essential.
- To modify an existing FBT Pay Code record, open the required record and select the Edit button available on the top right side of the page. You can also double click within fields that need editing or just click on the pencil icon that appears within fields when hovering with your cursor.
- When complete, click on the Save button.