Hi, We transitioned recently to a new payroll system. I know that I will need to finalise STP reporting in both the old payroll and new payroll system. Employees will also have 2 income statements as they have different BMS ids. There has been no duplication of income as balances were not brought forward to the new system. Both income statements reflect the period from 1 July 2025. Is there any issue with this? Is there anything else I need to be aware of. Thanks so much.
G'day @Kat30 ๐
No, all good, as per the ATO STP2 Employer Guidance ๐
The ATO income statements reflect financial year data, not an employment record. Payroll is the source of truth of employment periods. ๐ค
It's not like the old Payment Summaries, as employers had all the data we needed to make complex decisions about the periods of payment. The ATO does not ๐
Deanne
All replies
G'day @Kat30 ๐
No, all good, as per the ATO STP2 Employer Guidance ๐
The ATO income statements reflect financial year data, not an employment record. Payroll is the source of truth of employment periods. ๐ค
It's not like the old Payment Summaries, as employers had all the data we needed to make complex decisions about the periods of payment. The ATO does not ๐
Deanne
Brilliant, thanks so much Deanne.
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