STP / Payroll Date

sarahtaylor93

I processed a pay run for myself today (27/3, I am the only employee of family business) & downloaded the bank file to process the pay, however due to time zone difference when I went to upload the electronic file to the bank, the dates didn't line up as the bank time zone is a few hours ahead so it had ticked over to the next day (28/3) and it wouldn't accept it.

 

I manually transferred my pay but it still went through as of the 28/3, and I am now wondering if this will effect my banking feeds?

 

And also as the pay has gone through by the bank date (28/3) will this effect my STP which is 27/3? Unsure if I should need to do any kind of payroll reversal to match dates or if it will be ok being just one day late by bank feed.

Princess_R

Hi @sarahtaylor93,

 

It's okay! STP mainly focuses on when the payroll was processed and reported, so you don’t have to worry. You won't need to reverse the payroll or make any adjustments. If the amounts match up, everything's fine, and you can still match your bank feed to your payroll transaction.

 

Cheers,

Princess