EOFY Finalisation

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EOFY Finalisation

I resent a STP report that was previously not sent and now it is thrown out my EOFY Gross Wages by $100k and by tax by $30k, which does not make any sense as that was not the amount for that particualr week. How do I go about fixing this to finsalise my STP?

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MYOB Moderator
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Re: EOFY Finalisation

Hi @JessicaZFS

 

Thank you for your post. Can I please confirm if you're Payroll Activity and Payroll register reports match ?

  • If the answer is NO, this generally indicates that a manual adjustment has been made in Pay History in the employee card. If this is the case, you will need to change the Pay History back to what it was and process any changes/adjustments through Process Payroll. Then process a $0 pay to update STP.
  • If the answer is YES, this generally indicates that the issue is being caused by ATO reporting categories that have not been assigned correctly or by payroll categories that have exempted from PAYG Withholding in error. Follow these steps to find and fix the issues:
  1. Run the Payroll Activity Detail report to narrow down which payroll categories are causing the problem.
  2. Check that the correct ATO reporting category has been assigned. Change the ATO reporting category as required.
  3. Check if the payroll category has been ticked exempt from PAYG in error (payroll categories>>open the category>>click on the Exempt button). Untick PAYG Withholding and click Ok.
  4. Once you have made the necessary changes to the payroll category, process a $0 pay to update STP.

 

Some other really useful reports that can help with EOFY are:

  • Payroll Activity Detail - gives a breakdown of payroll categories per employee
  • Summary of Payments - this is the individual employee version of the YTD verification report, it's similar to the old payment summary
  • Payroll Summary - gives a breakdown of the payroll categories 

Where do you find these reports: 

  • Activity (summary and detail) and Register are found in Reports>>Payroll tab>>Employees
  • YTD verification is found in the Payroll Reporting Centre>>EOFY finalisation tab
  • Summary of payments is found in the Payroll Reporting Centre>>EOFY finalisation tab>>click on the ... button for the individual employee
  • Payroll Summary is found in Reports>>Payroll tab>>Payroll Categories

Please do let me know if you have any further questions. 

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Cheers,
Melisa

MYOB Community Support

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3 Posts
Cover User
Australia
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Re: EOFY Finalisation

Hi Melisa

 

Yes my payroll reports do all match and I already tried to put through a zero payslip for all employees to make sure everything gets picked up year to date. 

 

When I had originally run the verification report I was only out by a around $300 and found it related to one terminated employee, which I reinstated and did the zero payslips to make sure YTD was correct and now it has caused a further discrepancy.

 

How do I go about fixing this?

 

Thanks 

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MYOB Moderator
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Re: EOFY Finalisation

Hi @JessicaZFS

 

Did you remove the employees finalisation before running the $0.00 payrun to update the YTD figures through payroll reporting ?

Cheers,
Melisa

MYOB Community Support

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