Year To Date Pay Balances

Overview

Year To Date (YTD) Pay Balances are what you paid your employees during the tax year before using the BiYP app. These are:

1. Gross Earnings
2. Allowances
3. Deductions
4. Superannuation
5. Tax Withheld (PAYG)

What you need to know

Key reasons for including YTD Pay Balances

• Avoids the need to issue manual Income Statements (formerly known as Payment Summaries) for the period prior to using the BiYP app
• Ensures pay data is complete in the employee's MyGov Account for the tax year
• Employee Payslips issued by BiYP include the sum of YTD pay balances and subsequent pay runs processed in the tax year

How to add YTD Pay Balances in BiYP

For each employee enter the amounts for the following items (where applicable) from 1 July 2019 to the Date of Last Payment prior to using the BiYP App:

• Gross Earnings
• Allowances
• Deductions
• Superannuation
• Tax Withheld (PAYG)

The steps below show how to enter employee YTD Pay Balances

Step 1

Tap the name of the employee you wish to add YTD pay balances

Step 2

Tap Payroll

Step 3

Tap Pay Details

Step 4

Tap Year to Date (Ytd) Pay Balances

Step 5

Tap the button to enable you to enter the required information. This switches YTD Pay Balances to 'On'

Step 6

Tap Date of Last Payment to view the date picker and select the date

 Step 7

Enter the amount for each item (if applicable) & tap Done after each entry

Step 8

Tap Done at the top right corner of the screen to save the entries and return to the previous screen

Step 9

Your YTD pay balances for this employee are now active (switched on)

When you process your next Pay Run, these YTD amounts will be included in the STP file submission to the ATO in your next pay run.

Your employee's BiYP Payslip will display the entered YTD pay balances as follows:

Exactly as Entered

• Gross Earnings shown as 'Opening Earnings'
• Deductions shown as 'Opening Deductions'
• Allowances shown as 'Opening Allowances

Consolidated

• Superannuation shown as 'Super Guarantee (SGC)'
• Tax Withheld (PAYG) shown as 'PAYG (Threshold Claimed)'