How to report Attributed PSI via STP
Is it possible to report attributed PSI via STP? If so, how does it need to be set up?
Forum Discussion
Hi there Sophie_MBH and GM99
Regarding your concern about PSI whether to report or not and how to set up, I highly recommend checking this post from the ATO website for more information. If there's anything you need assistance with, don't hesitate to create a post again.
Best regards,
Doreen
It's increasingly obvious to me now, that MYOB is NOT able to report PSI via STP.
MYOB is limited to the Payment Summaries and PAYG Payment Summary Annual Report (PSAR)
(EMPDUPE file).To report PSI via STP, it would need to create a file to transfer an electronic version of the BPSI - Business and Personal Services Income NAT 72716 form, and a PAYG payment summary statement NAT 3447 form with the 'Business and personal seruices' income included.
MYOB does neither, so these still need to be both calculated manually and submitted via snail mail to the ATO.
Not seeing much value now in the MYOB product for any PSI centric organisation.
