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Daniel_teamnis's avatar
Daniel_teamnis
Trusted Cover User
4 years ago
Solved

EOFY Payroll Summary does not equal STP Verification report FY2021

I am trying to do my finalisation for 2 companies.  In both cases the Payroll Summary reprot from MYOB does not equal the YTD verification report in the Payroll reporting centre.  How can I fix this ...
  • Daniel_teamnis's avatar
    Daniel_teamnis
    4 years ago

    Hi Tracy,

     

    Thank you very much for your help.

     

    Our problem wasn't the categories, they were fine as they had not changed from last year.  

     

    We decided this afternoon to go with the $0 payrunn to be sure we had it right before 30 June.  We did the smaller company first, it has only 5 employees.  It worked successfully, so we proceeded with the second company.  It too worked and we now have the YTD Verification report balanced to the Payroll Register and Payroll Summary reports.  

     

    We even have the Salary Sacrifice super correct.

     

    Thanks again,

     

    Regards,

    Dan

Tracey_H's avatar
Tracey_H
Former Staff

Daniel_teamnis 

 

Hi Dan

 

Whether the $0 pay or processing the regular payrun work depends what the issue is. If it's an incorrect ATO reporting category or a payroll category has been exempted from PAYG etc, you'll need to fix the issue first and then process a $0 pay to update STP.

 

A $0 pay can force an update through to refresh the YTD verification report. It will also update the YTD verification report if old STP reports have been sent or an adjustment has been processed with an earlier payment date. 

 

If you do choose to wait until you process the last payrun for the year, wait until that report has been accepted before you check the YTD verification report. If the YTD verification report is still incorrect, run the Payroll Activity detail and compare to the Summary of payments (EOFY finalisation tab>>click on the ellipsis (...) and download report) to narrow down which employees are incorrect.

 

Also make sure you are reconciling to the correct figure on the YTD verification report, ie, the Total STP Taxable Wages. 

 

Please let me know how you go.

Daniel_teamnis's avatar
Daniel_teamnis
Trusted Cover User
4 years ago

Hi Tracy,

 

Thank you very much for your help.

 

Our problem wasn't the categories, they were fine as they had not changed from last year.  

 

We decided this afternoon to go with the $0 payrunn to be sure we had it right before 30 June.  We did the smaller company first, it has only 5 employees.  It worked successfully, so we proceeded with the second company.  It too worked and we now have the YTD Verification report balanced to the Payroll Register and Payroll Summary reports.  

 

We even have the Salary Sacrifice super correct.

 

Thanks again,

 

Regards,

Dan

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