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Hi AS262,
Thanks for posting in the Community! Employers that are exempt from fringe benefits tax and have enabled it in the ATO Settings, will now be provided with an additional setting. This setting deals with separating entertainment-related fringe benefits from other fringe benefit amounts.
If employees are eligible, you must configure the business settings to allow separate reporting of RFB amounts.
To enable separate reporting:
For more information, you can also check on this article: End of Financial Year Processing using STP - Frequently Asked Questions.
Feel free to drop a comment below if you have any other questions. Have a great day!