Forum Discussion

Cover User

8 months ago

Single Touch Payroll - Updated Event or Payroll Event

I recorded a payroll (paid and reported via STP), then a few days later, realised there was some error on one payroll (wrong amount). I reversed the wrong payroll, and recorded the pay again with th...

gavin12345
8 months ago
Hi mamit

An Update event is used when you are wanting to correct employee YTD amounts previously reported and is focused purely on the employee's Income Statement. It is also used for things like Finalising the STP and end of year (making Income Statement Tax Ready).

A Pay Event is used when reporting the payment of a wages etc to your employees. The information sent is the same as for an Update Event, however it also includes the W1 and W2 amounts for this payrun. The ATO use these W1 and W2 amounts to prefill online Activity Statements. The ATO accumulates the W1 and W2 for the reporting period.

Employee YTD totals are sent with every Pay Event and Update Event. The ATO replaces all previous YTD totals each time an STP Report is submitted, it does not accummulate.

After reporting the initial pay as a Pay Event, you reversed that. Once the reversal was reported, the W1 and W2 amounts previously reported for this employees were also reversed. So when you processed the adjusted pay for this employee, it should have been reported as a Pay Event.

MYOB confuses things by defaulting to an Update Event without consulting you whenever the Payment Date is no today's date, so some assume this is the correct approach. Sometimes it is, sometimes it isn't. Spend some time reading the forum, you will find many have been caught out by this, complaining about $0 Gross and $0 PAYG being reported.

Regards
Gavin

christiev

Contributing User

6 months ago

Hi I have the same problem, last year some reversals and pay events went through as update event. Now my accountant tells me that the ATO has different STP figures to my myob. I went through it all and all the pays that accidentally went through as update event didn't not register with ATO yet they did register correctly on Myob I checked all pays ytd was correct. So how do I update the errors to match the ato. I I try run a new pay event and enter the date I paid the wage, it won't allow it it tries to do an update event, and concerned I could end up with same issue. Problem is the pay never went through as a pay event to begin with, it went as update event....hope this makes sense

CJST
Experienced Cover User
3 months ago
Hello Christiev

Did MYOB reply to you?
What you mention is happening all the time, clients reverse an incorrect pay event and click the updated and the ATO STP details will not match.
From what I have read, a lot of the information being given is not correct.
I am very interested in what MYOB has to say.
- christiev
  Contributing User
  2 months ago
  Myob helped me with absolutely nothing, it appeared that everyone I spoke with was answering off a script, I had to go through all the transactions, then I asked each employee if their end-of-year figure that was listed on their mygov matched what I had on my end of year myob and it did. I rang the ATO and that was a simialr scenario answering as if reading from a book and I explained to them my accountant saw that my myob and there (ATO) stp figures were different. I was advised by ATO if the employees end of year shown on their mygov was the same I can submit finalisation and it should update. I did that and I have not heard from ATO advising any issues. So long story short if it happens again I would simple ask employees to advise me their total and if mine is the same I will submit, in the meantime at the end of each month I contact my accountant and ask the STP for that month matchs with the ATO. Cheers
Doreen_P
MYOB Moderator
3 months ago
Hey christiev,

Even if a pay event is submitted as an update event and is showing as zero gross, the correct year-to-date (YTD) amounts will still be reflected in the Single Touch Payroll (STP) reports. You can verify this by checking your payroll reports such as the Payroll Register, Payroll Activity, and YTD Verification Report. If these reports match, you can send an update event to ensure that the correct YTD figures are updated in both MYOB and the Australian Taxation Office (ATO). This will help ensure that the figures are consistent.

Best regards,

Doreen