The STP finalisation has been lodged but the FBT figures were not added to the payroll before this was done. This has now been corrected on the March cheques but how to I amend the STP finalisation figures?
no they won’t, as Rav said the second one will replace the first one.
You haven't done anything wrong. The new EOFY finalisation will just overwrite the previous balances for the employees on their income statement (the new equivalent of the former payment summary/group certificate).
Hi @Sue Renouf
Now that you've made the correction, create a new EOFY finalisation STP file and send it through GovConnect. It will overwrite any previous balances with the new one once its been processed and accepted.
Thanks Rav. I did love your answer and glad it came so quickly. I was worried this would end up with two amounts going into their tax account.
Do I do it for just the affected employees or do it for all?
No, an EOFY finalisation is an update event-type of STP submission with an extra finalisation flag included in it. It only reports employee balances which are reported as a YTD balance.
You can do it just for the affected employees if you like.
Just ensure that the EOFY finalisation is the last submission of the financial year that you send for an employee so that it finalises their balances and sets their tax status as Tax Ready.
Too late. I have f'ed it up and didn't wait for your answer. I did the STP finalisation again. So they will get two group certificates (yes I am that old) on their mygov account?
Thank you Rav and Kris for being there in my hour of need…
Happy to be of help, have been in your situation
