Creating a new company file to replace old one

Lyn Appleby
Member Posts: 2 Novice Member

Hi, I'm creating a new company file to replace the old one which is too big and has old errors causing issues. I just want to know how does this affect STP reporting as it is mid financial year for ATO but our EOFY as a business.
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Comments
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I would think if you have the new file setup with exactly the same company details and ABN.
Then the flow though to the lodgement portal should not change.
For the employees in the new file you will need to setup YTD balances for the wages and super paid 1 July to when you change over to the new file. So the reporting of wages is still correct.
Adrian2 -
Thank you, I hadn't found the part where you could update YTD balances, but it all makes sense now and is simpler than I thought.0
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You can view the in-product Help article.
Open Reckon Accounts
Click on the Help menu
Select Reckon Accounts Help
Click on the Search tab
Use the key phrase "Editing existing year-to-date entries"
Regards,
Reckon Data Recovery Team
How to ask good questions on the Reckon Community
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Hi Lyn,
I am going to have to do this with my file soon, going to do it 1st July. How have you found working with the new file? Is it easy to refer to your old file when you need to? Thanks, Linda0