Hello,
First, confirm which payrun is missing from the YTD Verification Report. Compare the Payroll Activity Summary with the YTD report to pinpoint the exact payrun. Verify that the missing payrun has been correctly lodged with the ATO through Single Touch Payroll (STP). You can do this by reviewing your STP reports. If your payroll software allows, you can manually adjust the YTD figures. This usually involves entering the correct amounts for the missing payrun. If manual adjustment isn’t possible, you can lodge an update event with the ATO to correct the YTD figures. This involves submitting the corrected figures through your payroll software. After making the adjustments, reconcile the Payroll Activity Summary with the YTD Verification Report again to ensure they match. If you’re unsure how to make these adjustments, consult the support team for your payroll software. They can provide specific guidance based on the software you are using.
Regularly reconcile your payroll reports throughout the year to catch discrepancies early. Keep detailed records of all adjustments and communications with the ATO for future reference.
