Why has the 'Final Event' Tick box been removed completely from Reckon Hosted 2019?

Em Patto

Why has the 'Final Event' Tick box been removed completely from Reckon Hosted 2019?
How am i to complete a final pay event for terminated employees moving forward?

Acctd4

Hi Em

 

This has been updated/replaced with the “Finalise Year” option which - unlike the old “Final Event” process - will pick up ALL employees paid within the financial year (whether still current/active or not)

 

It’s no longer necessary to submit a “Final Event” when an employee leaves as this is now done at EOFY as above

What is vital though is that you “Terminate” the employee in RA/RAH in order for the “Release Date” to be auto-entered.  If that employee is in the next pay run, that Pay will be automatically marked as “Final” at the ATO end during the STP submission process as a result of this “Release Date”.

If the employee terminated in between pay runs, this finalisation will happen during the EOFY “Finalise Year” process.

 

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com