Finalising Year in STP when we changed entities partway through year

We changed entities from a Trust to a partnership part of the way through the financial year. The ABN is the same. I can't remember whether I did a Finalisation back in October when the change happened.

I have Finalised the Partnership to end of June but can't seem to do the same for the Trust, which comes up as not tax ready. If I do a Final Pay run with no amounts in it and send that through and then do a Finalisation, will that solve the problem?

Lyn Nosow

Comments

Zappy

As long as the software ID is the same, and the Employee ID is the same you should be fine

Zappy

Rav

Hi @Lyn Nosow

What sort of changes were made in your company file and STP entity when you changed over from a trust to a partnership?

The entity name and/or branch number? Did you create a seperate STP entity?

Acctd4

Hi @Lyn Nosow !

Different entities would normally have different ABNs, in which case you would need a separate (new) tile setup in Reckon’s portal for STP submission 🤔

Zappy

@Acctd4 thats the precise opposite of what the OP said. I agree if the abn changes, you would need to create a new portal account with a new software ID.

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