Transition from Xero to MYOB during a Payroll Year
New to a company and I'm creating a new MYOB file. (AccountRight Plus) I believe I will need the existing companies Business Management Software ID (BMI) and existing employee payroll ID's within ATO STP system (which the previous contracted bookkeeper should provide). I have found some information regarding transitioning for payroll: https://support.yourpayroll.com.au/hc/en-au/articles/360000975555-Transition-options-available-with-STP-reporting Here, It refers to importing the YTD payroll figures using the opening balances feature. Is this referring to the feature within the ATO STP (I do not have access to this portal yet, so I can not tell)? I was going to duplicate all transactions from 1 July, including payroll in my MYOB file as previously dated and processed in Xero (there are not too many). This would correctly allocation TAX, Super liabilities etc. How do I not duplicate the ATO reporting through STP for wages already processed & STP reported from 1 July to my first actual payroll run?Solved2.6KViews0likes4Comments