Wages from Q1 on old books ... how to complete EOFY ?

christian stewart
christian stewart Member Posts: 2 ✭
edited July 2020 in Reckon One
Hi 

Im using Reckon One,  and have joined to comply with the single touch payroll rules.

The problem is I started at the 1st of October, and so the first quarters pays are not on the Reckon account.

So should i complete the EOFY reports on Reckon and do manual payment summaries aswell ? 

Or can i do a lump payment ( pay run ) for Q1 ?

Will the two reports (STP Reckon report) and (Q1 manual paper report) confuse the ATO ? 

Any feedback will help thanks

Chris

Comments

  • Felicity Bleckly_10462754
    Felicity Bleckly_10462754 Member Posts: 43 ✭
    edited July 2020
    No! Go to your main dashboard and set up your payroll balances. This includes, tax, super, leave and paid year to date. Google how to do it. It was really easy to follow. Then when you do Eofy all figures will be correct. However, Reckon payroll reports will not include your opening balances because these reports only report on payroll done through Reckon. But that doesn't matter as the full payg summaries will be correct. I've just done it all as we started with Reckon on January 1.
  • christian stewart
    christian stewart Member Posts: 2 ✭
    edited July 2020
    Thanks Heaps Felicity

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