STP PHASE 2

JO-ANNE_7327707

Is it safe to migrate to this new system?

Really worried about this and very confused.

JO-ANNE_7327707

And do I have to start it in this financial year, or can I update everything with the new release?

Rav

Hi @JO-ANNE

I'd recommend taking a look at the FAQ's which I'll link below as its a good place to start -

https://community.reckon.com/discussion/8033402/upgrading-to-reckon-accounts-hosted-2023-frequently-asked-questions

Rav

I'll also add a couple more resources below which will be useful in getting up to speed with the changes around STP Phase 2 and the 2023 edition of Reckon Accounts Hosted -

Reckon Accounts Hosted 2023 & STP Phase 2 MEGATHREAD 📌

STP Phase 2 Migration Assistant for Reckon Accounts Hosted 2023 📽

JO-ANNE_7327707

thanks Rav

do we have to update to STP2 in this financial year? I thought I saw somewhere Reckon has an exemption until September 2023. Is that correct?

Rav

Yes our deferral has been extended to 30 September however please keep in mind, the new 2023 edition will only support STP Phase 2 pay runs and submissions.

So if you're planning on upgrading to Hosted 2023 for the upcoming financial year, the first thing I'd recommend you do after upgrading is going through the STP Phase 2 Migration Assistant (info linked above) so you're ready and compliant under STP Phase 2 from the get-go.

JO-ANNE_7327707

Thanks Rav

yes that's what I would like to do. Do it all at once after I finalise 2023 EOFY.

thank you for your help.