Well it is structured, one shift on Saturday, paid Tuesday. In this case it has jumped the financial year, worked in iune paid in July!
Thanks so much to everyone who replied, I left it off
I am an accountant - it is on the date paid. So leave it out.
I wonder why my company is different if it is date paid? It is a large company with over 1000 employees so I'm sure the ATO would have said something if we were doing it wrong. Interesting
I've done my husband's book-keeping and accounts for years, including payroll. He's on cash accounting and I've always done it on date paid. Good to know I got it right!
It is super frustrating though when you then deal with centrelink and all their payments are based on date worked!
the truth of it is Zeddie, either way is going to be fine as long as it is consistent.
As long as you do the same each year, and dont chop and change, the ATO is going to accept it.
Date paid is easiest for most systems, so that is what most do - but there are genuine reasons why some companies do it on days worked, and as long as they are ensuring that all pay is included in the group certificate each year, the ATO will be happy with whatever system you use.
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