Employee Summary is in 20-21 year when should be in 19-20 year, How to rectify

  • 5
  • Question
  • Updated 7 days ago
Hi 
I'm currently doing EOFY reporting and noticed one employees payment summary is in the 20-21 financial year when it should be in the 19-20 year. The ATO reporting is all correct. How do i switch this employees payment summary from the 20-21 financial year to the 19-20 financial year?    
Photo of Mario Vukoja

Mario Vukoja

  • 150 Points 100 badge 2x thumb

Posted 1 week ago

  • 5
Photo of Rav

Rav, Community Manager

  • 105,244 Points 100k badge 2x thumb
Official Response
Hi everyone,
Ok, I've been speaking with our app dev team on why this is occurring for so many of you and I've got some clarity & more info to provide.

WHY ARE FIGURES FOR 2019/20 APPEARING IN THE 2020/21 PAY SUMMARY?
There are two things happening here but ultimately, with the same end result.

The first is, the STP app is incorrectly considering an employee to have 'moved' to the new 2020/21 financial year based on when their personal details updated eg. address, start date, end date etc and rather than when their YTD balances are updated.

The second and probably the element affecting the overall majority of you who have reported this so far is, the STP is incorrectly using the date the pay run is submitted to determine what financial year it falls in rather than the pay date which it should be doing instead.

This issue only applies to pay run submissions and not adjustments.

I HAVE INCORRECT BALANCES IN THE 20/21 PAY SUMMARY, WHAT DO I DO TO FIX THIS?
If you have balances in the 2020/21 financial year when there obviously shouldn't be, you need to do the following;
  • Create an adjustment dated 1 July 2020 to cancel out the total figures shown in the 20/21 Pay Summary.
For example if you see $1000.00 gross pay, $200.00 tax in the 20/21 FY which you know isn't correct, create an adjustment in the app (Pay Run screen > New Adjustment) for the opposite of these figures ie. -$1000.00 gross pay, -$200.00 tax etc
This will effectively 'cancel out' the figures in the 20/21 Pay Summary and bring it back to zero.

I STILL NEED TO SUBMIT FOR THE 2019/20 FY, HOW DO I DO THIS?
If you have remaining submissions for the 2019/20 financial year still to submit, rather than selecting the 'New Pay Run' option, select 'New Adjustment' and date the adjustment to 30 June 2020 or any date in the previous financial year.
Enter the balances for your employees that you need to submit that fall in the 2019/20 financial year.

WHAT ARE RECKON DOING ABOUT THIS?
Our app dev team have recognised the severity of both elements of this issue, particularly at this time of year and are working on developing a fix that addresses both. We hope to have this released to the app either late tonight or tomorrow.

I ALREADY HAVE INCORRECT BALANCES SHOWING IN THE 20/21 FY, WILL THE FIX SORT THIS FOR ME?
Unfortunately not, if you already have incorrect balances appearing in the 2020/21 financial year, you will need to complete the negative adjustment outlined above to clear these figures from the Pay Summary.
Once the fix has been released, this will prevent any further instances of the submission date determining which FY it falls into from that point forward. It will also address the updating of employee details aspect incurring the same result.