STP 2 Company Components Report Guide

Company Code

This indicates your company code.

E.G Test101

Company Name

This indicates your company name.

E.G Test Company Pty Ltd

Component Code

This indicates the component code.

E.G AABT1

Component Type

This indicates if; Payment, Leave, Leave Taken, Allowance, Salary Sacrifice, Deductions, Benefits, Superannuation

E.G Allowance

Component Name

This indicates the components name.

E.G Higher Duties Allowance

Allowance Code

If the component type is allowance then indicate allowance code. Can only use one of the following :

Note IF code is OD then you should indicate

Descriptions are limited to the following:

• G1 (general)

• H1 (home office)

• ND (non-deductible)

• T1 (transport/fares)

• U1 (uniform)

• V1 (private vehicle)

In reporting other allowance descriptions, the following options can be used:

1. Category code. Example: H1 

2. Category code and description. Example: H1 home office

Out of consistency select one continuous description option throughout the course of reporting other allowances.

All allowance must have an allowance code.  Transitional issue new allowances ( Tools, Task and Qualifications )  should only be updated once STPv2 is enabled.

E.G 1 Allowances paid higher duties Allowance Code: KN.

E.G 2 Allowances paid for the purchase of a uniform is to be reported as OD Description: U1 (uniform)

E.G 3 Not an allowance to edit . 

Before

After

E.G 4 Incorrectly listed allowance edit. 

Before 

After

Bonus and Commission

This indicates components will be reported as a bonus and commission.  

E.G Bonus and Commission Payments

Director Fee

This indicates components is a director fee.  

This should not be an allowance component type. Either create new component type as payment, or edit to report as director fees.

E.G Historically this may have been setup as an allowance if so please edit.

Overtime Payment

This indicates the component is an overtime payment.

This should only include overtime components. 

E.G Overtime Payments

Paid Leave

This indicates ALL the paid leave. If the component type is leave or leave taken and “paid” then indicate Paid Leave code. Can only use one of the following:

This column will not display unused leave components associated with terminations. All leave terminations payments have been automatically aligned.

E.G Paid Leave

Salary Sacrificing Super

This indicates ALL super salary sacrifices.

E.G Super Salary Sacrifice

Salary Sacrificing Other Employee Benefits

This indicates ALL Salary Sacrificing related to Other Employee Benefits.

This should only include other pre tax salary sacrifices ( unrelated to super ).

E.G Other Salary Sacrifices

Deduction

This indicates the two permissible deductions:

1. Workplace Giving

2. Professional/ Union Fees

All pre tax salary sacrifices ie other salary sacrifice or super salary sacrifice should be reported separately.

E.G Deductions

Child Support Garnishee

This indicate Child Support Garnishee.

This should be a separate component and reported as child support garnishee.

E.G Child Support payment that are garnishees.

Child Support Deduction

This indicate Child Support Payment.

This should be a separate component and reported as child support.

E.G Child Support deduction.