Allowance Code

Allows you to assign the Allowance a unique identifier.

Description

Allows you to enter a meaningful name for the Allowance.

Discontinued

Allows you to set an existing code to inactive.

Value Per Unit of Measurement

Specify the Amount and Calculation Method for the allowance.

Calculation Method

This pick list allows you to select the way you wish the system to calculate the amount for the allowance, such as Flat Rate.

Taxable

Allows you to indicate whether the allowance is subject to tax calculations

Apply on Costs

No longer in use

Tax Reporting

Select if this item requires reporting on your Single Touch Payroll file – select Print to include on STP file

STP Reporting Description

Free text description of the allowance

ATO Allowance Type

Select from drop down list to comply with ATO reporting requirements

Expense Account

Here you can select the General Ledger account that you would like to attribute costs to/from. Select a value from the list and press the OK   button. The refreshed Allowance listing window will be displayed as follows: