STP final pay event

Dianne MetcalfeDianne Metcalfe Member Posts: 15
edited May 29 in Accounts Hosted
I've just posted my first STP which included a terminated employee.  When I had a look at the employee detail list,  it has YES in the Final  Event column for the terminated employee. 
Does this mean I don't have to do anything else? 

Comments

  • RavRav Administrator Posts: 9,777 Administrator
    edited May 29
    Hi Dianne,
    Yes you've done exactly what you need to for a terminated employee.
    I'll add a link below with a bit more general info on Final Pay Events in Single Touch Payroll -
    Final Pay Event
  • Dianne MetcalfeDianne Metcalfe Member Posts: 15
    edited March 2019
    Thank you - that wasn't nearly as difficult as I thought it would be.

  • SueSue Member Posts: 24
    edited October 2019
    Hi Rav
    I've just posted my first STP which included a terminated employee.  I read your instructions first, making sure that the employee's release date was recorded before I processed the STP.  But when I had a look at the employee detail list,  it has NO in the Final  Event column for the terminated employee.  So what now? Sue
  • HglassHglass Member Posts: 6
    edited November 2019
    Hi Rav 

    l have also only just done all this for the first time, and as Sue said did the termination process through Reckon Hosted. Just checked the details on the STP file done and still says No in the Final? 
    Have l done something wrong .... ? 
    Thanks 
    Jazz 

  • Heidi NeumannHeidi Neumann Member Posts: 1
    edited May 25
    Hello,

    what happens with an employee made redundant? Will this flag as final event?
  • Acctd4Acctd4 Accredited Partner Posts: 841 ✭✭✭
    edited May 29

    Hi Heidi

     

    The “Final Event” classification is automatically flagged as a result of having a “Release Date” entered in the Employee record, rather than the type of termination.

     

    Ideally, you want to go through the “Terminate Employee” wizard (Right-click on Employee Name to select from pop up menu) but you can just enter a date in this field manually.

     

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    www.accounted4bs.com


    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Partner (AP) Bookkeeper * Regd BAS Agent (No: 92314 015) *

    ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

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