Hi, I would like to know how do i do the finalization declaration in Reckon?

  • 2
  • Question
  • Updated 3 weeks ago
Hi, I would like to know how do i do the finalization declaration in Reckon for the financial year?
Photo of Ye Sun

Ye Sun

  • 192 Points 100 badge 2x thumb

Posted 1 month ago

  • 2
Photo of Rav

Rav, Community Manager

  • 80,626 Points 50k badge 2x thumb
Hi Ye,
Check out our Help page here for full info on End of Year Finalisation -
EOY Finalisation in Reckon Accounts & Reckon Accounts Hosted

Please note, the end of year finalisation functionality will be released shortly with the tax table update.
Photo of Ye Sun

Ye Sun

  • 192 Points 100 badge 2x thumb
HI,

Thanks for this information, i want to check if we only have the Reckon Accounts 2018 for now can we use the final pay event option to finalise our FY? as we're not sure when we we will be updating to 2019 version yet.

Thanks,
Photo of Sofia

Sofia

  • 110 Points 100 badge 2x thumb
HI Rav,
I want to do the finalization of the EOFY into STP. We have processed last payroll of June and already submitted to STP.
To finalize the year, we now have to update to Reckon Accounts 2019 R2?
Then, navigate to Employees>Single Touch Payroll Lodgements screen in Recon Accounts and tick "Finalise Year"  ?

Is this correct? Let me know please.

Thanks!