Finalising Single Touch payroll Data

Caroline_7309439
Caroline_7309439 Member Posts: 13 Novice Member Novice Member
edited July 2020 in Accounts Hosted
Is there a procedure that someone can link that shows how we finalise STP Data to the ATO for the End of Financial Year? My understanding is that we need to do this before the information is uploaded to our Employees MyGov account.

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,666 Reckon Community Manager Community Manager
    edited July 2020
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited July 2020
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,666 Reckon Community Manager Community Manager
    edited June 2019
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited June 2019
    Thanks Rav, sounds good :)
  • Anne Simmons
    Anne Simmons Member Posts: 13 Novice Member Novice Member
    edited June 2019
    Hi Rav, do you lodge a normal pay in payroll premier and then do the End of Financial year upload, or just the End of Financial year upload as the last pay for the year.
  • Keri Whitelaw_10110151
    Keri Whitelaw_10110151 Member Posts: 1 Novice Member Novice Member
    edited June 2019
    Hi Rav - Is this available as yet - we've just upgraded to V2019 Reckon Premier and the Finalise Year isn't yet appearing?
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,666 Reckon Community Manager Community Manager
    edited June 2019
    Hi Keri,
    Yes the tax table update has been released, if you're using 2019 Reckon Accounts Premier, you'll just need to ensure you've applied the tax table update. More info here.
  • Candy Mo_7643541
    Candy Mo_7643541 Member Posts: 3 Novice Member Novice Member
    edited June 2019
    Hi Rav,I cant see this function in 2019R2 at all, am I missing something? no finalise year option replace
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited July 2019
  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 340 Reckon Star Reckon Star
    edited July 2019
    I have this same issue with the above error. HELP!!!
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited July 2020
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited July 2019
    Hi Jo-Anne
    May not help you but as per my comment below, is your last pay run showing "Success" or still Pending?
    thanks
    Mark

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 340 Reckon Star Reckon Star
    edited July 2020
    Hi Mark, same problem as you. My last pay run is still showing pending from the 26/06
  • Mark_7931749
    Mark_7931749 Member Posts: 33 Reckoner Reckoner
    edited July 2019
    OK thanks Jo-Anne, hopefully that's it and our runs are a "Success" soon?
    cheers
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,666 Reckon Community Manager Community Manager
    edited July 2019
  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 340 Reckon Star Reckon Star
    edited March 2020
  • Jocelyn
    Jocelyn Member Posts: 46 Reckoner Reckoner
    edited July 2019
  • Jacqueline_10114168
    Jacqueline_10114168 Member Posts: 3 Novice Member Novice Member
    edited July 2019
  • Jacqueline_10114168
    Jacqueline_10114168 Member Posts: 3 Novice Member Novice Member
    edited July 2019
    Did all this as per instructions and income statements are tax-ready but the period does not specify all financial year - only from when I started using STP (in May) to June? See my comment further down below.
    Are you aware of thsi? Will that be an issue wit h the ATO or when lodging a tax return? My staff is sure to corner me ion this one?
  • John Graetz
    John Graetz Member Posts: 1,663 Reckon Star Reckon Star
    edited July 2019
    Hi Jacqueline.  Don't be concerned about those dates.  I have looked up my own MyGov account.  It states the payment period as being 1/6/2019 to 30/6/2019 - STP only happened in the last pay in June.  Whilst the dates might not seem to be correct, the figures quoted are for the full year and not just for June.  You could also issue your own Payment Summary for staff to compare with what it says in MyGov if they want certainty.
    John L G
  • Jacqueline_10114168
    Jacqueline_10114168 Member Posts: 3 Novice Member Novice Member
    edited July 2019
    Hi John, thank you for your reply. I do think that it doesn't matter much when it comes to preparing a tax return. From memory it only lists employer and totals for that employer anyway. I was actually pretty happy how smooth it all went considering the trouble some people seem to have. I am though curious if the ATO would take issue with it or if Reckon are aware that their "finalisation" process doesn't get the dates correct. Perhaps that is something they could change in future. Jacqueline :-)
  • Jocelyn
    Jocelyn Member Posts: 46 Reckoner Reckoner
    edited July 2020
  • Marina Tretyak
    Marina Tretyak Member Posts: 2 Novice Member Novice Member
    edited July 2019
    How do you finalise an employees final pay in reckon
  • Daniela Cea
    Daniela Cea Member Posts: 15 Novice Member Novice Member
    edited July 2020
    Hi Jocelyn, how long take to show that the taxes are ready in their mygov accounts?

  • Jocelyn
    Jocelyn Member Posts: 46 Reckoner Reckoner
    edited July 2020

    This year it was within 30 minutes of me finalizing the STP. 

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