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Helen2594's avatar
Helen2594
13 days ago

Adjusting pays from last FY

we have done our first payrun for 2025/2026 and reported it to the ATO, but have not yet finalised EOFY employee pays for 2024/2025. 

I am now aware of some errors in various pays and will need to adjust those so correct YTD figures are reported.

We have backed up our file for 30/06/2025, I have been advised to restore the backup before making adjustments to last years pays, then finalise EOFY pays, then reenter the first payrun?

 

Is there another way to do this or is this the best way to go. 

Will there be issues with the STP reporting for the current FY?

1 Reply

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    11 days ago

    Hi Helen2594​, 

     

    There are generally no issues creating an adjustment for the previous financial year, even if you have already done a pay run for this year. As long as the pay date’s on or before 30 June, it’ll count towards last year and show up when you’re doing finalisation.

     

    It’s important to consider what type of adjustment you need to make. If you’re needing to adjust the register report, you’ll need to restore a backup of your file to make those changes.

     

    If you want to check out more about your EOFY payroll tasks, you can hop to this page for more info.

     

    Regards,
    Genreve

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