COVID 19 snap lockdown - how do I reverse STP lodgement ?
Due to working limited days I run pays on a Monday for the full week and lodge with ATO in advance of payment being made - however due to the snap lockdown a pay has been lodged but will not occur due to our industry being stood down for the week. How do I fix this ?
Best Answer
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Thank you all for your help - Bruce was the best - however I ended up ringing Reckon support as my real issue was how to create a nil pay update event. Given that reckon won't allow you to create a negative pay or a zero pay you need to pay them at least 0.01 each.
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Answers
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- run your revised pay run in hosted
- prepare new STP file with the corrected numbers
- lodge the new STP with the ATO as a replacement file
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Oh dear. The perils of processing payments without all the data. Probably a lesson in there somewhere. Unless you are actually going to pay the staff and recoup it later, I would not process pays in advance.
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Agree with Zappy - I never submit STP until after the fact (despite the fact you can) 😬
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@Cathy Branson you can set the salary amount as $0.00001 (rather than $0.01). This will generate a pay check of $nil, meaning that you don't have to muck around with journals to reconcile bank.
I'm also with @Zappy and @Acctd4 and I never process the STP until after the pay run has been committed at the bank. However, legislative requirements mean that it must be done the same day - STP lodgments have to be at the same time or before payment.
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Sharon Hi. I agree. There's no need to submit the STP until the wages are paid. Its the logical way to do it
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