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Single Touch Payroll (STP)

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Success-Team
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Single Touch Payroll (STP)

Hi, I understand that Accountright  V 2018 enables STP.

We currently use AccountRight Plus V 2017, will there be an update/upgrate to meet STP requirment? And if so, will this be free of charge?

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Kym__Yeoward
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Re: Single Touch Payroll (STP)

Hi @Success-Team - welcome back to the Community Forum !

 

Please see my notes on the STP update release process, on AccountRight -Staffng & Payroll - Single Touch Payroll discussion - page 11

 

The STP update is being released in several stages.

 

AccountRight 2017.2 included a new "housekeeping" type field in the Payroll Categories, for the cross-matched  STP Category. This was to allow employers to start planning their STP conversion work early, by allowing them to cross-match each Pay Category with the appropriate ATO-defined STP category.

Handy for businesses or organisations with complex Pay Categories as they can do this work now.

 

AccountRight 2018.1 also includes this new field - plus several handy tools to help check that employee addresses and tax file numbers are correct.

 

AccountRight 2018.2 should be released by late May - it will include the final stage of the STP rollout, including the ATO reporting links. It's currently undergoing beta testing, with a group of AccountRight users.

 

If you have a support subscription, these  updates are available free.

 

Kym Yeoward CPA ACIS

MYOB CC

Darwin

 

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