When is the best time to switch to STP Phase 2 in my Reckon Payroll App?

snowee

I am thinking of switching to STP Phase 2 in my payroll app at the end of this month or at the beginning of June 2023. I am not very sure what happens to the End-of-Year reporting. Will there be some updates or changes in the format for employers to do? Or the figures will come as usual? Thank you.

Rav

Hi there @snowee

Have you completed the STP Phase 2 Checklist? Info below if you haven't seen it already -

https://community.reckon.com/discussion/8032948/get-ready-for-stp-phase-2-with-our-ready-checklist

In regard to making the switch, ultimately its up to you as the Payroll App is ready to go now so if you'd like to make the jump you're more than able to. Alternatively, if you'd like to keep things simple and more clear cut you could start from the new financial year coming up.