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Jen22's avatar
Jen22
Trusted Cover User
4 years ago

ETP on Individual Tax Return

Good Morning,   We have had a company take-over our payroll @ 31 March 2021.  As a result when they have finalised EOY our employees now show double what they earnt to the ATO.   Are you able to ...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi Jen22 

     

    You're not annoying me, please don't hesitate to ask questions. If the reversal hasn't worked go to the Payroll reporting centre>>Employment terminations tab>>click on the ellipsis (...) for that employee and select View ETP payments you should be to remove the ETP by clicking on Remove & notify the ATO.

     

    Please let me know how you go.

     

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

Tracey_H's avatar
Tracey_H
Former Staff

Hi Jen22 

 

Thanks for your post. If you change payroll provider mid financial year you need to follow the ATO's instructions for this: Changing your payroll solution during a financial year.

 

If you chose the zeroing out method you need to zero the YTD amounts in AccountRight by going to the employee card>>Payroll Details tab>>Pay History>>filter by YTD and zero out all amounts and hours. Then process a $0 pay, wait until it has been accepted and check the YTD verification report/Summary of payments report shows $0.00. If all YTD amounts are zero you can finalise the employees in the EOFY finalisation tab.

 

Please let me know if you need further help with this.

 

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

Jen22's avatar
Jen22
Trusted Cover User
3 years ago

Hi Tracey,

 

Just wondering if you could please urgently look at my reply below.  I am hoping to get this sorted ASAP as our employee is wanting to finalise his tax return.

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