Hi Tracey,
Thank you for your reply.
I have read over STP 2 information again and with your information I think I have a better understanding of payroll categories requirements when changing over from STP 1 to STP 2.
Once again thank you for replying and information provided.
Hi Tracey,
Thank you for your reply.
Just to claifiy I will now need to create new categories as per STP 2 requirements e.g. bonues & Allowances, Annual Leave taken,Leave Loading and report amounts paid to these new categories for the 2021/2022 FY?
Even though I believe MYOB has till 1st January 2021 to do this?
Just a note - I think it would have been much easier if MYOB advised users not to transfer/update to STP 2 until after the end of the June 2022 financial year. This now creates a whole lot more work having to create the new categories and report in these new categories.
Appreciate that you have replied.
You don't need to create new payroll categories, you can select the Phase 2 ATO reporting category in the existing payroll category:
If you have multiple Allowances that now need to be reported separately you will need to create new payroll categories for each Allowance.
When to move to STP Phase 2 is deemed as accounting advice which we're not permitted to provide.
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
Hi Tracey,
Thank you for your reply.
I have read over STP 2 information again and with your information I think I have a better understanding of payroll categories requirements when changing over from STP 1 to STP 2.
Once again thank you for replying and information provided.
