EOFY & STP Phase 2 - Payroll App

System
System Member Posts: 263 Moderator Moderator
edited January 2024 in Reckon Payroll
This discussion was created from comments split from: Frequently Asked Questions - Payroll App Basic plan is retiring.

Comments

  • Vanessa Berrick
    Vanessa Berrick Member Posts: 6 Reckoner Reckoner

    I am on Premium Payroll App. Do I need to finish EOFY summaries before switching over to the STP2 program or am I able to switch now before the end of the financial year and final payments are lodged?

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,812 Reckon Community Manager Community Manager

    Hi there @Vanessa Berrick

    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 with STP Phase 2 compliance so if you'd like to make the jump now you're more than able to. You'll just need to complete the STP Phase 2 checklist first.

    Alternatively, if you'd like to keep things simple and more clear cut you could, complete the checklist now if you haven't already and then start STP Phase 2 from the new financial year coming up. Any pay runs that you create with a pay date of 1 July or after will need to be under STP Phase 2 requirements.

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