How do I fix a payrun that has been processed in the wrong financial year?

dhed

I have noticed that a payrun relating to 22/23 was submitted after 30/6/2023 (4th July 2023) and therefore is showing up in 23/24 STP Reporting in my ATO Business Account.

While all employee Income Statements are showing the correct amounts for 22/23 and 23/24, the ATO STP Reporting Business Account is out of balance for Financial Years 22/23 and now 23/24.

I am not too sure if I can fix this or even if it is a concern.

Will I need to fix this even though the Employee Income Statements are correct.

Thanks in advance

Lucas

Hi @dhed,

Could you please doublecheck the pay date for the pay run that was submitted after the 30/06/2023? That would be the reason for it to appear in the 23/24 financial year.

If the account is out of balance for the W1 and W2 fields this may be because of multiple update events being sent in that year.

It shouldn't be too much of a concern as the Employee Income Statements are correct and successfully submitted to the ATO. I recommend double checking with the ATO what figures they have by directly calling them.

Thank you and I hope you have a wonderful day.

Cheers,

Lucas

Rav

Hi @dhed

Are you referring to the W1 & W2 fields on the ATO Portal?

dhed

Sorry guys, If this comment gets posted twice.

No I am not referring to the W1 on the Activity Statements. These are all correct.

It relates to the drop down menu 'Employees' on the Business Account.

This then gives you the option to choose 'STP Reporting'

Then you can see every pay run that was processed for each fin year.

That's where the discrepancy is between Fin yr 22/23 and Fin Yr 23/24

Lucas

Hi @dhed,

Could you please confirm the payment date for the pay run that was submitted after the end of the 22/23 financial year?

That may be what is causing the discrepancy in your business account. Thank you and speak soon.

Cheers,
Lucas Andrews
Technical Support Agent

Rav

Gotcha, thanks for that @dhed

You mentioned previously that the pay run was dated 4 July which means it fell into the 2023/24 financial year (which is normal), however it was intended for the 2022/23 financial year. Did you edit the pay date or make any changes after it was submitted to reallocate it from the 2023/24 financial year to 2022/23?

My gut feeling is that there isn't much more you need to do here as your data itself seems to be all ok and correct. In saying that, we don't have any visibility on what's happening on the ATO Portal side of things so its difficult to 100% confirm that.

dhed

Thanks Guys. I will leave as is. Will be contacting the ATO just to make sure it’s all ok. 🙏