Wages Reconciliation workpaper (WRC)

How the WRC workpaper reconciles the Wages GL against the PAYE Return Summary from IRD.

The Wages Reconciliation (WRC) workpaper reconciles wages and related deductions recorded in the General Ledger (GL) against the Pay As You Earn (PAYE) returns submitted to Inland Revenue. This identifies any variances between what was paid and what was reported.

Data extraction

Actual Gross

The monthly total of account codes mapped to Wages in Chart of Accounts (CoA) mapping.

Return to IRD

Picked from the PAYE Return Summary uploaded under Data Sources (IRD). This includes PAYE, KiwiSaver Employee, KiwiSaver Employer, Employer Superannuation Contribution Tax (ESCT), Student Loan, and Child Support figures.

Additional information

Users can add data manually in the yellow highlighted section if required.

Wages, Salaries and KiwiSaver per GL

Sum of all account codes mapped to Wages in the CoA mapping.

How to access

  1. Go to Jobs and open the relevant job.
  2. Click the Workpapers Icon or navigate to Results then Workpapers.
  3. Select WRC on the Workpapers Dashboard.