Hi, I need help to fix an overpayment in the STP.
@Louise Triplett You may need to clarify if you are referring to the old STP app or the new Payroll App. The instructions will vary accordingly.
Howeiver, considering the old STP app is now decomissioned you are not able to make any changes there.
In which case you will have to migrate to the new Payroll app but won't be able to alter old Payruns created in the STP app. In which case the only option is to alter the Employee's Initial YTD summary for the relevant year and use the EOFY finalisation report to ensure correct amounts are lodged for the employee Income statement with ATO. But you may not want do this for the FY2021-22 as yet.
If you are using the new Payroll app then the situation is different. Just follow these instructions on Reckon help.
Yes, it is the old STP app and it is for 20-21 Financial year. I have been putting off finalising the end of financial year because it is out.
Is there anyway I could do a negative 'Update event" in the old STP app?
@Louise Triplett Unfortunately there is no way you can now go back to the old STP app as it is retired.
Your only option to correct the overpayment of 2020-21 is to migrate across to new app. Update the employee Initial YTD Summary with correct amounts and then run the 2020-21 EOFY report.
thanks for your help