Jim2 does not include a payroll calculation engine, nor does it support Single Touch Payroll. However, payroll information can be imported into Jim2.
If the entire general ledger is being maintained in Jim2, totals need to be moved from the payroll software into Jim2 by way of a payroll general journal, which is a simple process.
The PAYG tab displays all transactions that have been nominated as a BAS type of PAYG, where tax codes P and Q have been used.
This should only include payroll related general journals, not payments to the Australian Taxation Office. Payments to the Australian Taxation Office require the use of tax code X.
Transactions displayed here have not been included in a previously reconciled GST session.
For more information on how to enter payroll journals, see the section on general journals: Adding a Payroll Journal.
The fields within the PAYG tab grid are:
Field |
Explanation |
|---|---|
Tran Date/Doc Date |
Tran Date – the date the transaction was entered into Jim2. Doc Date – the date the transaction will impact on the general ledger. |
Ref# |
The the general journal number. |
Comments |
The comment entered in the Comment field of a general journal. |
Debit |
Debit value including any GST. |
Credit |
Credit value including any GST. |
Rec |
When selected to be included in a GST session, this box will contain a tick. |
 |
Tax code P flags transactions to report into W1 (gross wages and salaries) on the Worksheet tab in GST sessions. Tax code Q flags transactions to report into W2 (PAYG withheld from wages) on the Worksheet tab in GST sessions. |
Incorrect use of either tax code P or Q will impact on the figures reporting into W1 or W2. Refer to Tools > Setups > Tax Codes for further information.
 |
Any transactions in the Type: Cheques area are the result of the incorrect use of tax codes P and Q, and the subsequent reversal. |
There are different types of PAYG-related transactions in Jim2 that are both within the specified date range and outside the specified date range. Those transactions outside the specified date range have the date coloured red, whereas those within the date range are coloured black. Once the Rec box is ticked, the transactions are highlighted with a green background.
To select transactions in the PAYG tab, click Select All, then Select PAYG only.
Select All Types will select all transactions in the nominated period in the Sales, Purchases and PAYG tabs.
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Any transactions that fall before the specified date range will automatically be included in the current GST session when selecting all, as Jim2 recognises those transactions have not been included in a previous reconciled GST session.
Any transactions that fall after the specified date range will not automatically be included in the current GST session when selecting all. |
Selecting transactions in a later GST session does not change the document date of the original transaction, and has no impact on the general ledger.
If an error has been made in a previous GST session where the BAS has been lodged, add a general journal to make any correction and this will automatically be included in the next GST session.
Further information
How to
Change GST Reporting from Cash to Accrual
Complete a GST Session: Accrual Method
Complete a GST Session: Cash Method
Handle NZ GST in Aust Database
Record Deferred GST on Imports