Thank you for visiting our Partner Zone. This area is an exclusive space for MYOB Partners. Find out how to Partner with MYOB.
What happens when you do a pay run and then find out it is wrong, you have not paid the person but are able to correct the payroll. How dose this update get transfered? Technically there is now 2 pays but one in MYOB has been reversed. How dose this get notified to the ATO?
Also if i am using STP now as set up dose that mean there are no PAYG forms in June? How dose the transition work
a month ago
you should have a read over these 2 links:
Correcting mistakes with Single Touch Payroll
Pay Processing FAQs with Single Touch Payroll (STP)
basically the ATO just care about the YTD, and each time you send a pay event it updates the previous one. so long as you fix up everything in the software just before you send your next pay event, should be fine.
as for PAYG summaries, it's actually a lot simpler. we should be getting a "finalise" option in STP soon to be able to send the last pay event of the Payroll Year and then give it a check of "final" so the ATO know that it's the last one and then use the latest YTD information it's collected from it in order to view the income statements from the employees. in short, you don't need to send the payment summaries to the ATO at year-end. you can generate them for your employees, but they can also go into myGov and see the data for themselves from STP.