Forum Discussion

Cover User

6 years ago

Solved

STP Reporting mid way during the year

Hi, I started STP reporting only a few months ago. Do I still need to prepare payment summaries and lodge the file through the portal as with previous years? Or do I follow the STP payroll year end procedures, even though Ive only been lodging info with STP for a few months?

Thanks

Komal_S
6 years ago
Hey annaw

If you have already started STP reporting, you would not need to prepare payment summaries. You should just follow the STP end of financial year procedures as when you started STP reporting, it reported YTD figures to the ATO.

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Komal_S
MYOB Staff
6 years ago
Hey annaw

If you have already started STP reporting, you would not need to prepare payment summaries. You should just follow the STP end of financial year procedures as when you started STP reporting, it reported YTD figures to the ATO.
annaw
Cover User
6 years ago
Hi Komal_S , thank you for your reply, its greatly appreciated.
AusFit
Contributing Cover User
6 years ago
Hi there,

I had the same situation where I started reporting through STP in mid December 2018. As I was unsure of how to proceed about payment summaries, I rang MYOB support and a consultant/representative told me to issue payment summaries as I did in previous years. I already did that and now I'm reading this post where you said we shouldn't prepare payment summaries... Will the payroll information get reported twice?