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SSchultz's avatar
SSchultz
Experienced Cover User
4 years ago

EOFY STP figures not matching

Hello All,   First year using STP and now struggling to work out our to finalise EOFY. My Accountant can not help unfortunately.   I have never had issues balancing my figures at the end of a fin...
  • Tracey_H's avatar
    Tracey_H
    4 years ago

    Hi SSchultz 

     

    Thanks for your post. The big difference between the YTD verification report and the AccountRight reports is that STP filters by the ATO reporting categories assigned to the payroll categories. The AccountRight reports filter by the payroll categories. PAYG exemption will also exclude a payroll category from STP, this is a common issue with leave loading.

     

    I'll give you some posts which should help with reconciling your EOFY. It may also be worth processing a $0 pay with payment date as 30 June to see if that updates STP.

    AccountRight reports don't match STP reports

    How does STP work

    Understanding the YTD verification report

    EOFY Resources 2021

     

    If you're still have problems please do let me know.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

SSchultz's avatar
SSchultz
Experienced Cover User

Hello Tracey,

 

I have spent quite a few hours on this and have discovered Advance Pay was not assigned to STP, so that is one problem sorted. It was a category I had not used when I set up STP originally and just used it as a one off.

 

The remaining amount is a single pay that I reversed for the amount of $925.35, which is correct and I reversed it the way MYOB told me to. I also reported the reversed pay to the ATO. So why is this occuring and how can I fix it?

 

Cheers,

Sharee Schultz

Tracey_H's avatar
Tracey_H
Former Staff
4 years ago

 

SSchultz 

 

Hi Sharee

 

Can I get you to send me the Payroll Activity detail report, Payroll Register detail and Summary of payments report for that employee by private message?

 

 

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