Blog Post

MYOB Announcements
1 MIN READ

AU EOFY 2025 RESOURCES

AmandaMYOB's avatar
AmandaMYOB
MYOB Moderator
2 months ago

Hey everyone! 

With end of financial year coming up, we’ve put together some resources and helpful links to help you close off the financial year with ease in your MYOB file.

 

Keep in mind, you’re required by the ATO to make your STP finalisation declaration by
the 14th of July.

 

RESOURCES

We've created some checklists for you to download and work through to close off this year and prepare for the new year. 

Click to download below to get started! 

2025 AU EOFY Checklist

You can use this checklist to help navigate the end of year process and prepare for the next financial year.

 

2025 AU EOFY Payroll Checklist

This checklist is a payroll specific one that will guide you through the payroll process from start to finish. 

 

To stay ahead with the key EOFY 2025 dates, check out this page. We've created a calendar that will give you a handy overview of when you need to make payments for GST, income tax and employer deductions to the ATO. 

 

 

PLEASE NOTE: 

The Super Guarantee (SG) rate is increasing from 11.5% to 12% on 1 July 2025. If using the minimum required rate as your calculation method, MYOB will update automatically based on the pay run date. Otherwise you’ll need to manually update the rate.

Check out this page for more information and instructions on how to stay compliant with super guarantee rate increases. 

 

 

Feel free to reach out if you have any questions!

Updated 2 months ago
Version 4.0

5 Comments

  • TerriW86's avatar
    TerriW86
    Experienced User

    Amanda this was a brilliant tool, pity I only just found it when I was searching on how to close a payroll year (the last thing on your checklist) after the end of financial year.

    I would have been wonderful if MYOB had sent our an email at the beginning of June with the link to your post.

  • I'm trying to process a pay run for the new financial year. I can enter the payroll details but MYOB deletes all the pays when I try to send report to ATO. Also, I'm not able to update payroll categories with new pay rates. I processed pays in another company yesterday without issue.

  • Has anyone had the issue where the YTD amounts in STP are incorrect for an employee however when you look at the YTD on the date of their last pay earlier in the year, it was correct? it has now gone down?

    unsure how to check this and ensure its correct before finalising year end

     

    • maria2340's avatar
      maria2340
      Cover User

      I have one employee with overtime missing. Also I have the same issue YTD amount has gone down for this employee.

  • How can I reverse the EOFY Adjustment journal entry for Retained earnings. I cannot remove it, and it causes a discrepancy between the Net Surplus/Deficit in the P & L and the Current earnings in the Balance Sheet. This happened automatically on roll overs. Can anyone help please? MYOB help desk couldn't help. Thank you.