STP reporting with a new STP account

JO-ANNE_7327707
JO-ANNE_7327707 Member Posts: 345 Reckon Star Reckon Star
edited January 28 in Accounts Hosted

Hi All

I have a client who has been requested by ATO to finalise her STP reporting at 31/08/2024 and start up using a new STP account.

Is the process the same as if it were end of year finalisation?

Answers

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,688 Reckon Community Manager Community Manager

    … and start up using a new STP account.

    Hi @JO-ANNE_7327707

    Can you give us a bit more detail on the above?

    Is there a new/different ABN involved here or has the GST branch of the existing ABN changed that requires a different STP entity etc?

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 345 Reckon Star Reckon Star
    ATO.PNG

    Hi Rav

    this is a screen shot of letter from ATO. The client has been put into insolvency.

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,688 Reckon Community Manager Community Manager

    Thanks for that @JO-ANNE_7327707

    Branch 001 is usually the default branch number so changing it to 007 is a little unusual as it should have been evident from the get-go. Are you aware if this client actually holds branch 007 in reality?

    If we're going purely based on the above info from your screenshot, then just to clarify, have there been any submissions sent already since the client became insolvent?

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 345 Reckon Star Reckon Star

    the client was submitting them until the ATO contacted her advising it was incorrect and she had to update per their letter. She has since stopped.

    However, the final run still has to be done and then the account updated so the pay runs are lodged to the correct account per their letter.

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,688 Reckon Community Manager Community Manager

    Ok to answer your question in the opening post, yes finalising is the same as if it were an EOFY finalisation.

    If I've understood what's required correctly, then once the finalisation is done and processed successfully, you'll need to create a new STP entity in GovConnect for the ABN and branch 007. You can do this within the same account by selecting Add Product ➡️ Reckon GovConnect ➡️ Follow the prompts to setup a new STP entity but this time with the respective 007 branch number.

    This new STP entity will also have its own separate Software ID so you will need to register it with the ATO prior to sending the first STP submission under it.

    GC add.png

    Also, you'll also need to update the branch number in your company file to point to that new STP entity. Example below.

    image.png

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 345 Reckon Star Reckon Star

    okay, thank you.

    I will work through this and sort. It now makes sense.

    thanks again.

  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 345 Reckon Star Reckon Star

    Sorry one last question.

    Would it be easier to create a new file from the same date as the new STP lodgement?

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