Payroll - FBT

The value of an employee’s FBT is entered into the Payroll system once you know what the FBT liability for the year is, ie after 30th March.

In employee maintenance, TAB 4, the value(s) goes into RepFBT - Taxable / Exempt FBT - Non Tax.

Open

On the next STP upload, the amount(s) will be reported to the ATO.

You may need to clear out last year’s figures, they aren’t automatically cleared.