STP finalisation for part year
Hi We used MYOB for payroll at the beginning of the year and moved to Employment Hero (EH) in October. At the time of conversion, there was a choice whether to bring across opening value and we sele...
Forum Discussion
Hi Mitch,
We are not in step of setting up STP.
Anyway, I have contacted the ATO to find out the answer. STP connection does not stop unless you have asked the ATO to stop/remove. This means that you can have multiple BMS ID connected to one single entity at the same time.
Therefore, you can send your STP finalisation from different software in the same year (if the YTD was not brought over). All you should ensure is that your old software BMS ID is still connected. You can call the ATO (or get your accountant to call) to find out if unsure.
In my situation above, all I have done is to finalise STP in MYOB as normal (no need to tick change of software etc.). Employees will have 2 lines on their income statement (1 total for MYOB and 1 total for EH).
Link below provide more details, also options when you transfer payroll solutions.
https://www.ato.gov.au/businesses-and-organisations/hiring-and-paying-your-workers/single-touch-payroll/in-detail/single-touch-payroll-phase-2-employer-reporting-guidelines/changing-your-payroll-solution-or-employees-payroll-ids
Hi jesscccc,
Thanks for sharing your experience with the ATO and MYOB STP connection. In your case, you're correct that you could just finalise your employees as usual since you didn't carry over any opening value to EH.
Feel free to get in touch again if you need more help.
Cheers,
Princess
