STP EOFY REPORT TO ATO

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  • Updated 3 weeks ago
Its coming to the end of my first year using STP & Reckon GovConnent - can someone please point me in the right direction for info on how to complete the report to the ATO, using GovConnent or EOFY duties that are required for STP EOFY? Thank you.  
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Jane Walker

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Posted 1 month ago

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Rav, Community Manager

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Hi Jane,
We'll have a new function coming this month with the new tax tables that will include a 'Finalise Year' checkbox. This will bring up all the employees that you've paid throughout the year and will be sent to finalise the year. The screenshot below shows what it will look like (could be subject to change) in Reckon Accounts Hosted and Reckon Accounts Business R2 and we'll have a detailed guide available a little closer to release.


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Courtney

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Hi Rav,
Is there an approximate date as to when this new function will be released? 
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Rav, Community Manager

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Hi Courtney,
It'll be available early/mid next week at the same time as the new tax table update.

I'll also add the link below which has more info on the End of Year process with STP -
EOY Finalisation
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megan

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Hi Rav, I have a question you mentioned that there is a new end of year process coming with STP. For those that have already done the Final Pay do we have to do it again when we get the update. Wish we were advised about this earlier....
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Rav, Community Manager

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Hi Megan,
No you won't need to do anything further.
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Courtney

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Just to confirm, is it that we do not need to complete another Final Pay Event or that there wont be a need to complete the Year Finalisation that is coming with the new update? 
I am in the same situation. 
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Jamie

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Hi Rav

Confused as to why Finalise End of Year has to wait for the tax tables,  they are two separate issues.
Was going to do last pay run tomorrow.     If I check the Final Pay event.     Will that be sufficient for End of year or dose that signify the final pay event for those employees.   
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Jess Miller

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Hi - I’ve just now finalized my EOFY for payroll (just using the final pay event button) but due to our business having many casuals & seasonal workers I’ve realized they won’t be included in that final pay event. So when this new button does get released will I simply use that and it will finalize the year for ALL employees - and will that effect what I’ve already done??
Thanks
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Jane Walker

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Ok thank you. I look forward to its release!