Single Touch Payroll - End of Year Finalisation after 30 June - Lodgement Issue Fix
You need to make a finalisation declaration through STP to ensure your employees can access their information to complete their income tax return.
When you have reported and finalised your employees' information through STP, you are exempt from:
Step 1. To finalise your Single Touch Payroll data in Cashbook after 30 June 23 you need to:
Click on Payroll
toolbar icon.
Click on the Single Touch Payroll tab.
Click on the New Report
button.
Click on Update Event.
Step 2. Make your finalisation declaration
- Default Pay Cycle - Other
- Reporting Date is 30 June regardless if today's date is in July
.
- Click on the Start
button.
- Note: Before making your finalisation declaration, make sure your STP information is correct.
- Click on the All button, so that each employee has a tick next to them in the Final Payment column.
- Click on the Refresh button
- Click on the Start Lodgement button.