Creating a new company file to replace old one

Lyn Appleby
Lyn Appleby Member Posts: 2
Hi, I'm creating a new company file to replace the old one which is too big and has old errors causing issues. I just want to know how does this affect STP reporting as it is mid financial year for ATO but our EOFY  as a business. 

Comments

  • Adrian_6974554
    Adrian_6974554 Member Posts: 191 ✭✭
    edited February 2020
    I would think if you have the new file setup with exactly the same company details and ABN.
    Then the flow though to the lodgement portal should not change.

    For the employees in the new file you will need to setup YTD balances for the wages and super paid 1 July to when you change over to the new file. So the reporting of wages is still correct.

    Adrian
  • Lyn Appleby
    Lyn Appleby Member Posts: 2
    edited June 2020
    Thank you, I hadn't found the part where you could update YTD balances, but it all makes sense now and is simpler than I thought.
  • Datarec_ReckonLtd
    Datarec_ReckonLtd Reckon Staff Posts: 1,039 Reckon Staff
    edited February 2020
    You can view the in-product Help article.

    Open Reckon Accounts
    Click on the Help menu
    Select Reckon Accounts Help
    Click on the Search tab
    Use the key phrase "Editing existing year-to-date entries"


  • Linda Larkins
    Linda Larkins Member Posts: 1
    edited June 2020
    Hi Lyn,

    I am going to have to do this with my file soon, going to do it 1st July.  How have you found working with the new file?  Is it easy to refer to your old file when you need to?  Thanks, Linda