EOFY Payroll 24-25

Can we start a new payroll year 25-26, even though we haven't reconciled our superannuation for 24-25?

 What are the best reports to use to do this?

Our payroll matches ATO so that side is ok.

Hi LefevreCCC9,

Yeah, you can start the new payroll year 25-26 even if the super for 24-25 isn’t fully sorted, no dramas there. Just make sure to get onto reconciling the super. You can check this link to know more about EOFY task. Good to hear your payroll matches the ATO; that’s a big tick already!

Cheers,

Shella

Hello Shella, thank you for your help.

I am having a problem reconciling our superannuation.

What is the best report to check the total super liability amount for each employee with what has been paid for the financial year?

Is the expense amount showing on the Payroll Register Summary the superannuation expense only?

Thanks

LefevreCCC9

Hi LefevreCCC9​,

If you’re checking on superannuation reconciliation, the Superannuation Payments and the Payroll Register (detail) are your go-to reports! Yes, you can run the Payroll register (summary) report but keep in mind it lumps everything together and doesn’t separate out just the superannuation amounts. For a clear view of super expenses only, the Payroll Register Detail Report is the way to go! 

Cheers,

Princess