STP Finalisation Declaration

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I have just spoken to the ATO who advised me that everyone needs to lodge a STP Finalisation Declaration for the last submissions of FY19 (having lodged all year) & there should be a box to tick in the payroll provider app to do this. Can you please advise.  I am using Reckon Accounts Enterprise 2018.  Thank you.
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Deb

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Posted 2 months ago

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Ifti, Product Owner

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Hi Deb,

Thank you for your post.

Reckon Accounts 2018 R2 has a "Final Pay Event" which sets the last pay run of the Financial Year (FY)  that you will lodge as "Final".

We are aiming to update this option in 2019 R2 where you will be able to view and lodge everyone's YTD that were paid in the FY.

More information will be provided closer to release (ETA: by end of June 2019).

Thanks

Ifti
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Melissa Watson

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Hi Ifti,

What about the final pay event in Reckon One? How does Reckon One handle the STP Finalisation Declaration and is there a way to ensure that this event will include all employees' YTD balances as there may be some casuals who are still on the books but haven't worked since STP was introduced for the business later in the financial year.

Thank you 
Melissa.
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Simon Hutchinson, Employee

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Hi Melissa,

We are adding a new function to Reckon One within the next few weeks to handle the EOFY process as well that will pick up all the employees for the financial year to send in a update report to the ATO.

Thanks

Simon