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Janeamanda's avatar
Janeamanda
Experienced Cover User
5 years ago

MYOB AR EOFY Finalisation STP

Hi all, this is the first year I am doing a STP EOFY using AR2020.2  One of my clients that pays wages Fortnightly has already finished payruns for 2020 so I thought I would do the finalization. I ...
  • Tracey_H's avatar
    Tracey_H
    5 years ago

    Hi Janeamanda 

     

    Thanks for your post. Check that the Leave Loading payroll category has been ticked exempt from PAYG Withholding as this will exclude it from STP. To check this go to Payroll Categories, open the payroll category and click on the Exempt button. If it has been ticked, you would need to untick it and then process a $0 pay to update STP.

     

    Please let me know if you need further help.

     

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

Michellec65's avatar
Michellec65
Experienced User
5 years ago

I have just come accross this as well and MYOB support suggested I had made errors, searching the community it is stated several times when you have fixed your errors run a $0 payroll to correct the ATO Portal.  

You actually need to run a $0 payroll to fix the glich that MYOB have in their finalisation report (including terminated employees)

My paroll matched the ATO Portal it was just the STP EOFY Finalisation report that was coming up with random figures

  • Janeamanda's avatar
    Janeamanda
    Experienced Cover User
    5 years ago

    Thank you Michellec65, 

    I discovered that the employee processing the wages exempted Payg from Leave Loading, I guess to obtain more money Net when they are paid for Annual Leave .  This would have been acceptable so long as the Business Owner ok'd it but since STP it throws the balances out.  So all fixed now.  Thank you for taking the time to respond.   

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