Forum Discussion

Tippo1's avatar
Tippo1
Contributing User
3 years ago

STP2 Payroll - YTD Finalisation Figures incorrect

Upgraded to STP2 payroll, now opens in web browser and told by MYOB that this should occur.  Upon checking my YTD finalisation figures in the Payroll Reporting Centre (prior to my last EOFY pay) 90%...
  • Tracey_H's avatar
    Tracey_H
    3 years ago

    Hi Tippo1 

     

    Thanks for your post. It is correct that STP Phase 2 will open in a browser. As there are new ATO reporting categories in STP Phase 2 the YTD verification report will report differently than in Phase 1. Payments that were previously included in Gross payments, like overtime and paid leave, will now be reported separately. 

     

    In the AccountRight browser the Payroll Summary report displays the ATO reporting categories to make reconciling with the YTD verification report easier.

     

    The post, AccountRight reports don't match STP reports, has detailed information to assist with reconciling at EOFY.

     

    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.

Tracey_H's avatar
Tracey_H
Former Staff

Hi Tippo1 

 

Thanks for your post. It is correct that STP Phase 2 will open in a browser. As there are new ATO reporting categories in STP Phase 2 the YTD verification report will report differently than in Phase 1. Payments that were previously included in Gross payments, like overtime and paid leave, will now be reported separately. 

 

In the AccountRight browser the Payroll Summary report displays the ATO reporting categories to make reconciling with the YTD verification report easier.

 

The post, AccountRight reports don't match STP reports, has detailed information to assist with reconciling at EOFY.

 

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.

Tippo1's avatar
Tippo1
Contributing User
3 years ago

Hi Tracy, 

 

All of my terminated employees I had to run zero value payslips in order to update their information in the YTD verification figures.  That all worked fine except for 2 employees who had amounts entered as ETP which have not updated and neither has their ETP tax amounts.  

Do you have any solution for this?

  • Tippo1's avatar
    Tippo1
    Contributing User
    3 years ago

    I have since reversed these 2 employee termination payslips which has fixed their individual summary of payments but the EFT component and EFT tax still do not appear on the Payroll Reporting - YTD Verification report.

  • Tracey_H's avatar
    Tracey_H
    Former Staff
    3 years ago

    Hi Tippo1 

     

    The Help Article, Wrong ETP values in STP reports, has detailed instructions for fixing ETP payments in 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.

    • Tippo1's avatar
      Tippo1
      Contributing User
      3 years ago

      Hi Tracey,

       

      Thanks for your response but I had followed all of those instructions which fixed the actual individual summary of payments; it is the YTD verification report that does not show any ETP component or ETP tax component.  I know it is a MYOB problem as it is mentioned in another posting on the MYOB forum.  I have rung MYOB and they have acknowledged they will need to go in the back end to fix. 

      • DR2's avatar
        DR2
        Contributing User
        3 years ago

        Hi Tracey

         

        Could you please let us know when the issue is fixed. It looks like many Myob users experience the same problem: individual summaries of payments are correct, EOFY Finalisation report is appearing as zero in ETP fields.

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.