Help with closing out 2016/2017 payroll?
Alicia Milverton
Member Posts: 10 ✭
Hi, I am confused with how to close out the 2016/2017 payroll. The last pay period was 26Jun-02Jul. As the pay was processed in July, should this be included in the 2017/2018 payroll? Apologies if this seems like a silly question, it is my first EOFY using Reckon.
Thank you,
Alicia
Thank you,
Alicia
0
Comments
-
Hello Alicia,
Thanks for asking.
The ATO defines the pay as earned on the date it was Paid, regardless of the period of work. Your latest pay run being paid in July is your first pay of the 2017/18 financial year.
regards,
John1 -
Hi John, Thank you so much for responding, I really appreciate your help. Kind regards, Alicia0
Categories
- All Categories
- 6.8K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 18 📢 Reckon Payroll - Announcements
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 73 About Reckon Community