Keeping track of STP submissions

Geekzone
Geekzone Member Posts: 31 Reckoner Reckoner
in Reckon Payroll

Hello

I have started sending STP recently. What's the best way to keep track of these submissions?

I'm very new to this so want to understand how to make sure everything is in line

Answers

  • klaura
    klaura Reckon Staff Posts: 538 Reckon Staff Reckon Staff

    Hi @Geekzone,

    Reckon One has added a new report called STP YTD report that keeps track of what have been submitted to the ATO as part of your STP submissions.

    You may want to check this link below to know more about this report.

    #TipTuesday - The brand new STP Year to Date Report! 📊 — Reckon Community

    Kind regards,

    Karren.png
  • Rav
    Rav Administrator, Reckon Staff Posts: 14,374 Reckon Community Manager Community Manager

    Hi @Geekzone

    Just adding to my colleague's advice, the new STP YTD Report that's linked above is an excellent way of keeping track of STP balances the employee is subject to throughout the course of the financial year.

    I'd also recommend using it in conjunction with the Employee Earnings Summary report which provides a detailed breakdown of each employee's earnings. It also denotes which of those items are subject to STP and those which are not. I'll add some info on the Employee Earnings Summary report here - #TipTuesday - A new report! Employee Earnings Summary 🆕

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