STP finalisation - commenced reporting mid year

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Rosemary_10111123
Rosemary_10111123 Member Posts: 3 ✭
edited June 2020 in Accounts Hosted
I had an ATO deferral and commenced reporting via STP mid year in 2018 (beginning of Qtr2).  I have upgraded to 2019 R2, however before selecting "Finalise Year" in STP, do I need to go back and upload each missing payrun from Qtr 1 or will Qtr 1 be picked up when I select "Finalise Year"?

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  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
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    No need to go back - just lodge your Finalise Year file in STP and you are done..  :)
  • Rosemary_10111123
    Rosemary_10111123 Member Posts: 3 ✭
    edited July 2019
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    Thanks Linda
  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 260 ✭✭✭
    edited March 2020
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    I am in the same position, upgraded before doing final pay run. My next question is, I only started using STP in April, to give it a go and try and understand it. So the whole years wages haven't been lodged through STP. How are the figures going to be correct?
  • JO-ANNE_7327707
    JO-ANNE_7327707 Member Posts: 260 ✭✭✭
    edited March 2020
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    the instructions from Reckon say not to update before doing final pay. What now???
  • Rav
    Rav Administrator, Reckon Staff Posts: 15,391 Community Manager Community Manager
    edited July 2019
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    STP is reported on a Year to Date (YTD) basis.
    If your latest pay event has been successfully accepted, then it will be up to date.
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  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
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    I think what is meant is that you process the pays (ie do the Paycheque entries) in Reckon with the 18/19 tax tables... then you upgrade to 2019R2 so that you now have the functionality of the STP Final Pay event upload (which isnt in either 2018 or 2019 R1)... but you now have the 19/20 tax tables in that version - so thats why they say process the pay in the previous version you were using .... hopefully that makes sense?

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