STP FINALISATION - PLEASE CONFIRM I AM ON THE RIGHT TRACK??

Bully_9639185
Bully_9639185 Member Posts: 28 Novice Member Novice Member
edited October 11 in Reckon Accounts (Desktop)

Comments

  • Teagan Uttridge
    Teagan Uttridge Member Posts: 36 Reckoner Reckoner
    edited June 2019
    Good Morning, The finalise year file when you upload to the gov connect has is a summary of the payment summaries. I have lodged mine yesterday. it all seemed straight forward. If I have any errors I will let you know. I choose to send out payment summaries this year just in case something has gone wrong. At least my employees will know when they go to lodge their tax.
  • Rav
    Rav Administrator, Reckon Staff Posts: 16,549 Reckon Community Manager Community Manager
    edited June 2019
  • Bully_9639185
    Bully_9639185 Member Posts: 28 Novice Member Novice Member
    edited June 2019
  • Ifti
    Ifti Reckon Staff Posts: 258 Reckon Staff
    edited June 2019
    Hi Bully,

    You are right.

    You will export the last pay as normal, then upgrade to R2 and just process Finalise year for 2018/19 to ensure every employee is on the exported STP file and they will be marked as final for the 2018/19 Financial Year.

    We always recommend to consult an Accountant or a Reckon Partner to get appropriate financial advise.


    Thanks,

    Ifti
  • Bully_9639185
    Bully_9639185 Member Posts: 28 Novice Member Novice Member
    edited June 2019
    Thank you so much Ifti - bring on tomorrow!
This discussion has been closed.

Categories