Forum Discussion

simonefm's avatar
simonefm
Experienced User
5 years ago

how to get the payment summary for employees for 2019/2020

I understand we don't need do the step "prepare payment summaries" because we can do a finalisation through STP.   I finalised the year 2019/2020 in payroll reporting centre last week. But some sta...
  • GDay53's avatar
    GDay53
    5 years ago

    simonefm 

     

    Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

     

    If you are using the latest version Account Right 2020.2 you will OT be able to produce "Income Statements" (previosly know as Payment Summaries and before that as Group Certificates).

    This function has been removed from the software.

    You can still do it in the older 2020.1.

    In the new version you Run the Payroll Register Summary Report and compare it to the STP verification report and if they match proceed to STP Finalisation. If they don't match you need to find the errors and fix them before Finalisation.

    Once you have done the finalisation your employees MUST download their "Income Statement" from their MyGov website.

    You can also print out the individual employee verification reports but can not be used as Income Statements.

     

     

GDay53's avatar
GDay53
Ultimate Cover User
5 years ago

simonefm 

 

Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

 

If you are using the latest version Account Right 2020.2 you will OT be able to produce "Income Statements" (previosly know as Payment Summaries and before that as Group Certificates).

This function has been removed from the software.

You can still do it in the older 2020.1.

In the new version you Run the Payroll Register Summary Report and compare it to the STP verification report and if they match proceed to STP Finalisation. If they don't match you need to find the errors and fix them before Finalisation.

Once you have done the finalisation your employees MUST download their "Income Statement" from their MyGov website.

You can also print out the individual employee verification reports but can not be used as Income Statements.

 

 

  • simonefm's avatar
    simonefm
    Experienced User
    5 years ago

    Thanks very much. Your answer is very helpful.

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.

 

Related content