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Provide final report to ATO part way through FY for terminated employees move to new solution

Newbie

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Replies 1

As part of data migration for our transitiion to a new software solution can we submit a finalised STP file for terminated employees only using our existing software solution (eg part way through a financial year) and then submit a finalised STP file for all other active employees in June 2021 from our new solution?

1 ACCEPTED SOLUTION

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Most helpful response

ATO Community Support

Replies 0

Hi @marycrouch ,

 

Good news! You can make a finalisation declaration for an employee any time during the financial year (for example, for employees who have ceased employment), or after the end of the financial year up to 14 July.

 

There are three options to transition to a new payroll solution during a financial year that will ensure the finalised data for continuing and terminated employees is correct at the end of the year. Please refer to Changing payroll solutions during a financial year

 

Thanks for posting,

JasonT

1 REPLY 1

Most helpful response

ATO Community Support

Replies 0

Hi @marycrouch ,

 

Good news! You can make a finalisation declaration for an employee any time during the financial year (for example, for employees who have ceased employment), or after the end of the financial year up to 14 July.

 

There are three options to transition to a new payroll solution during a financial year that will ensure the finalised data for continuing and terminated employees is correct at the end of the year. Please refer to Changing payroll solutions during a financial year

 

Thanks for posting,

JasonT