Employee Transfer

Hi There, I need to transfer an employee from one payroll to another. Just wondering what steps I need to take to ensure I get everything correct with the ATO, etc.

IS there anything I am missing?

1. complete their last payrun and take note of the leave entitlments.
2. complete a termination with transfer as the reason.
3. complete the EOFY process to notify the ATO they wont be paid any further from this employer. 
4. make the employee inactive
5. open the new payroll and create the employee, noting the original start so that long service leave calculates correctly.
6. make an adjustment to leave entitlements, adding the balances noted above.

Am I missing anything? Is there an easier way to do?

Any advise would be greatly appreciated.

Thanks LG.