FBT reconciliation · novated lease fleets

Catch the FBT drift in August, not on March 30th.

Payroll deductions and lease-provider statements quietly drift apart all year. Fringe flags the mismatch the month it happens, so ECM offsets and RFBA figures are already right when STP finalisation lands.

One pay cycle, unreconciled
Payroll deducted$310
Lease invoiced$1,240
$930 gap after a vehicle swap that sat unflagged until Fringe caught it.
Where the numbers go missing

Four ways a fleet quietly drifts out of reconciliation

None of these show up in March. They show up as a running total, one pay cycle at a time.

  • A mid-cycle lease startThe first payroll deduction gets pro-rated against the wrong start date.
  • An employee exitPayroll keeps deducting for a cycle (or two) after the lease has actually ended.
  • An ECM contributionLogged as pre-tax instead of post-tax, quietly changing the taxable value.
  • A vehicle swap mid-leaseNew finance figures don't make it into the next payroll run.
What that looks like, reconciled
Payroll vs. lease provider, reconciled every month
$0
Apr
$0
May
$85
Jun
$310
Jul
$1,240
Aug
$0
Sep
$0
Oct
$0
Nov
$0
Dec
$0
Jan
$0
Feb
$0
Mar
Flagged in month 5 (Aug) and reconciled the same week, instead of surfacing in a scramble toward 31 March.
How it works

Three steps, run every month

01

Import

Drop in the payroll export and the lease provider's monthly statement. No new system for payroll to learn.

02

Reconcile

Fringe matches every deduction against the lease invoice, line by line, and flags anything that doesn't add up.

03

Resolve

Fix the mismatch the month it happens, with the ECM offset and RFBA figure already recalculated.

What it checks

Built around the four figures that actually go wrong

ECM offset check

Confirms employee contributions actually reduce the taxable value they're meant to.

RFBA → STP handoff

Reportable amounts are ready for STP finalisation, with no last-minute recalculation.

Mid-year drift alerts

A flag the month a lease deduction stops matching payroll, not eleven months later.

Multi-client dashboard

See every employer's reconciliation status in one place, not a spreadsheet per client.

Who it's for

Built for accountants and bookkeepers administering FBT for employers with novated lease fleets. If you're reconciling more than one client's lease deductions by hand every March, this is for you.

Worth a two-minute look?

Prototype: feedback wanted