How do I correct the STP for the finalised 30/6/2021
Hi, Help!
We have just found out that an employee was incorrectly overpaid for the 2021 year and she has offerred to repay the amount of the overpayment. How do I remove the final flag on her and then how do I remove the overpayment. It was paid over several pays. Do I need to go into each on and amend of can I do a bulk adjustment somehow?
Thank you
Rosemary Harrison
Best Answer
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Hi Rosemary - Didn't realise it was you!
I see Wendy's replied on our Group thread ... Interesting info from the ATO on it regarding submitting an Update Event when the monetary correction is being made now, in this FY 😏
If that's the way you decide to do it though, I agree with Wendy - The Update Event process will automatically "unfinalise" so make sure you only select that Employee to update & re-finalise. You can simply edit the YTD amounts (Under Employees dropdown menu > Set Up YTD Amounts) then resubmit the Finalise Year
(Happy to talk you through it on the phone or via a remote session if you need ☺️)
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Answers
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Hi Rosemary
Is the employee still current? Are they having the overpayment deducted from subsequent pays?
STP reports in real time so - whilst incorrect - what you paid her during that period is what you’ve (correctly) reported. If she’s still a current employee, I would be deducting from subsequent Pays which will reflect accordingly now (don’t forget employee needs to provide written authorisation for this deduction) ☺️
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