STP Finalisation for employee who finished some months ago

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  • Updated 1 week ago
In order to finalise this employee's 19/20 year, shall I just open the last payrun and tick the boxes to revise the submission? Thanks in advance. 
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Carolyn Accounts

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Posted 2 weeks ago

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Bruce

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No
You need to run:
- your last pay run for the year as per normal, then
- when you've done all your year end reconciliations, lodge a new STP file but in Reckon select "finalise year" (near top middle of the screen).   You will also need to select final/update in GovConnect.

By way of background:
- a "normal STP " lodgement only includes details of the people paid in the specfic pay run concerned
- the finalise year lodgement includes details of every employee who has been paid at any time during the financial year




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Carolyn Accounts

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Thank you Bruce.  A second client uses Reckon Accounts Plus 2019. Will this have the option to 'Finalise Year' for all staff?
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Bruce

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Sorry Carolyn but I don't have any experience with Accounts Plus.