STP Reporting commencing part way through the financial year

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  • Updated 3 weeks ago
I started STP reporting in October 2019 and ensured the YTD figures had the first 3 months included.  Do I still need to report those wages separately?
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Deb

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Posted 3 weeks ago

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Kevin Russell, Accredited Partner

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Nope. I just have a silly question. Why did you wait three months? 
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Deb

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Didn't have the functionality, a lot was going on & was the only time we had a chance to sort it out
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Kevin Russell, Accredited Partner

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That's a very candid reply and thank you. Im pretty surprised you said you didn't have the functionality. There's plenty of apps around that are either free or very minimal cost. In terms of the timing, i know in my own business its always busy. Some times its a good idea if you can partner with one of the Reckon Accredited types like Im. There's plenty of us who do this stuff for a living. I have the Reckon payroll app on my phone for one of my clients and it works a treat. $10 / month. 
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Felicity Bleckly

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We include ytd each period. No further reporting required including no need to do PAYG summaries at EOFY. Staff need a myGov log on and get PAYG summary from ATO should they need one.
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Kevin Russell, Accredited Partner

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Flick, I think the point Deb was making was she had no ytd figures because she hadn't reported before. STP does send YTD for every single event. Its the way its supposed to work.