Finalising STP date (EOFY)
Finalising your STP data means you are advising the ATO that your STP reporting is complete for an employee for a financial year.
With Myaccountant’s STP solution there is no extra step involved in submitting your end-of-year (EOFY) finalisation declaration for an employee. The EOFY submission is done with in the pay run submitted to the ATO.
Refer to below steps on how to indicate EOFY declaration for an employee:
1. You can either create your final pay run for the year (if you are submitting EOFY declaration at the end of the year) or select the pay run with the employee for whom you would like to submit the EOFY declaration, then click on the Open button.
2. Select the employee that requires EOFY declaration, then click on the 3 dot menu button, and from the menu options, click on Edit EOFY.
3. A pop-up will appear with the declaration option. Check the box and then click on Save.
4. EOFY indicator will appear below the employee name.
5. Repeat the above steps 2 to 4 for other employees, and submit the pay run to the ATO.