In order for a STP Pay Event to affect the correct Financial Year, the Payment Date (or Pay Advice Date) must fall between 1/7 - 30/6 for the Financial Year. If you use a June date that falls in a previous Financial Year, the STP Pay Event will be reported in the previous Financial Year.
To correct this:
In order for a STP Pay Event to affect the correct Financial Year the Payment Date (or Pay Advice Date) must fall between 1/7 - 30/6 for the Financial Year. If you use a June date that falls in a previous Financial Year, the STP Pay Event will be reported in the previous Financial Year.
To correct this:
Previous Financial Year
For employees who were paid for the first time in the Pay Event with the incorrect Pay Advice Date and have no earnings in MicrOpay for the previous financial year, you will need to enter a Previous Tax Year Adjustment (Payroll, Transactions, End of Year):
Select the previous year as the Financial Year End
Enter 0.01 Normal Hours with 0 hours
Enter a second line with -0.01 Normal Hours with 0 hours
Go to Payroll, Transactions, Import and Export, STP Update.
Select the Payroll Company, tick All for Employee and select the previous year as the Financial Year.
Tick All Employees paid in the selected Financial Year.
Click Apply.
All employees paid in the Previous Financial Year should appear. In addition, the employees you completed Previous Tax Year Adjustments for should be included with a Gross of 0.00.
If you have sent the Final Update Event to the ATO, ensure that all records have Final Event ticked.
Ensure all employees are selected (tick in the checkbox on the left).
Click Update ATO.
This will send the Year-to-Date values to the ATO for the previous financial year for all paid employees. And send zero for all employees not paid in the previous financial year.
New Financial Year
Go to Payroll, Transactions, Import and Export, STP Update.
Select the Payroll Company, tick All for Employee and select the current year as the Financial Year.
Tick All Employees paid in the selected Financial Year.
Click Apply.
Ensure all employees are selected (tick in the checkbox on the left).
Click Update ATO.
This will send the current Year-to-Date values to the ATO for the current financial year.