Finalising employees
Hi, last year you were able to mark off employees that leave during the year as you are this year. the difference is when you went into STP reporting and clicked on employee finalisation, it listed all employees. You then marked of the employees dates when they had left, then send to the ATO. You could do as many as you like before sending. Now it only allows you to do one at a time and send to the ATO. Very time wasting as we have a lot of casuals, up to and over 100. is there a way around it.Solved21Views0likes6Comments
Payroll cycle
A company will change ownership on 31. December and the agreement is that all income and expenses up to that date are covered by the original owners and any income and expenses in 2025 accrue to the new owners. The Company keeps trading and the employee arrangements remain unchanged. Currently the paycycle is fortnightly and payday will fall on 22. December and 6 January. What is the best option to deal with payroll? I see Option A: do one payroll on 31. December and a second one on 6 January and then resume fortnightly. This will make allocation of expenses easy but I am not sure how this affects taxation of staff since each payroll is different from the standard fortnight set up in MYOB. In addition Super will have to be paid and calculated too for the 4th quarter 2024. Option B: Do normal paycycles and adjust between parties on settlement though this may be more difficult to sort out the details Does anyone have some advice for me?Solved20Views0likes3Comments