This gives us one month to test it to make sure it works and work out how to use it ( June 2018 ) before it is a requirement we use it with the ATO ( from 1/7/18 as we have more than 20 employees ) and it will be over 30 June which is of course the busiest time of the year anyway.
This just seems to be creating unnecessary stress for all seeing as the ATO have said we are able to submit with the Single Touch Payroll from October 2017 to ensure we are adequately ready. If our payroll software is only ready a month before we have to use it there is no way we can be adequately ready.
I am normally so happy with Reckon but I have to say today this has left me scratching my head ?. Surely they could have it ready earlier than that ................Has anyone else received this time frame from Reckon ?
There is still a massive amount of work that needs to be conducted from wide number of our teams across our product range on this. In regard to timeframes, there is nothing set in stone at the moment but obviously compliance is the priority.
Also, training sessions/webinars are in the pipeline to help everyone get accustomed to new processes and also documentation will be available with the new releases.
Its early days at the moment and further updates/info will be made as we progress.
We'll be getting in touch with all customers in regard to Single Touch Payroll (STP) via email late this week/Monday next week at the latest.
In the meantime, we've got information and resources for Single Touch Payroll on our website HERE which I'd strongly recommend checking out, including the ability to register for updates on launch.
If you are already using Reckon Accounts desktop (current version) or Reckon Accounts Hosted; there are a few things you can start checking now to be prepared:
1. Check to make sure each Employee's details are in the Employee information correctly:
b) TFN (should be there already)
c) Full address
d) Full name
e) Start Date
f) Emp. No.
2. Check payroll setup:
a) Take note of allowances; you will need to seaparte these for STP (once software is updated)
b) Superannuation setup correctly with all information including USI, fund name, member number etc
3. Company setup:
a) Company name correct for payroll
b) Payroll Conatct
c) Company ABN - INCLUDING Branch ID
Hope this helps a little and will ease the burden of your first pay event in July.
Regards, Robyn Kelly
If you're using Reckon Accounts Business (desktop) or Hosted I'd recommend checking out our new article on how to prepare your file for upcoming release of Single Touch Payroll -
Preparing Reckon Accounts Business and Hosted for Single Touch Payroll (STP)
We've got a new Single Touch Payroll webinar coming up next early next week;
This webinar will cover:
- What’s changed in the Reckon software to comply with Single Touch Payroll
- GovConnect STP Overview – the gateway to manage your clients payroll information
- A step by step demonstration of how to sign up for GovConnect STP, submit payroll data to the ATO and enable multi-factor authentication as required by the ATO
I'd highly recommend attending if you can and you'll find the details here -
Single Touch Payroll: Pre-release WEBINAR - 25 June (Don't miss this!)
The recorded copy of yesterday's STP deep dive webinar is now available. Its a long one but with a lot of questions answered by our STP experts so I'd recommend giving it a watch.
Single Touch Payroll: Pre-Release WEBINAR - 25 June 2018
We've got a new bunch of webinars coming up that focus on Single Touch Payroll and each of our individual products.
I'd highly recommend attending these webinars as they'll show you the whole process from sign-up to upload, and everything in between for the product that you use specifically.
The first one is this afternoon and there's still time to register a spot, don't miss out!
Check out the details here -
Single Touch Payroll for Reckon Accounts Desktop WEBINAR (29 June)
Single Touch Payroll for Reckon One WEBINAR (4 July 2018)
Single Touch Payroll for Reckon Accounts Hosted WEBINAR (5 July 2018)
Single Touch Payroll for Payroll Premier WEBINAR (5 July 2018)