End of year STP reporting and closed a payroll year

Hi Tracey,

Just want to confirm something before processing restore a backup. 

1. Once we process the $0 pay run in the back up file, should we file it through STP? 

2. Which file should we use to do the EOFY finanlisation, the current file or the updated back up file? 

3. If we use the updated back up file to do the EOFY finanlisation, should we make some changes or updates to the current file?

Thank you. 

Yes thats true Edward but the next time you do wages in the current file it will once again update records with ATO.  Make all changes in Back Up file and resubmit the finalisation for those staff you had to change.

Cheers

Chrisy

Good questions Edward,

I'm also looking for answers for the same questions.

I guess we have to do finalisation on 2 different files...

Then we will have no records that we already finalise the reports for some employees in the current file.

Any advises will be appreciated.

Thank you

Hello EdwardTian , RudiHartomo 

When Completing A $0 Pay Run in the old backup year the idea is to use this method as a way of pushing through any STP information that would not otherwise have been reported to the ATO (missed information).

The purpose of working with a backup in the previous year is because the tasks you are trying to perform are not possible in the new year.  Once you have made the necessary updates/corrections in the backup you will cease to work in the old backup, and return to the current file to perform anything needed for the new year, working as you usually would.

I would highly recommend you ensure the old backup is named differently so you know which file you are working with, and to backup the current file (to return to) as well before restoring.

Hope that helps, and please feel free to reach out again should you need help with Single Touch Payroll