In most cases, you won't need to prepare payment summaries. Instead, you 'finalise' your Single Touch Payroll information directly from your software.
So what does your end of payroll year look like when you have been using STP reporting?
- First things first - some checks you should make before finalising
- Finalise your employees and enter any Reportable Fringe Benefits Amounts (RFBA) if needed
- Roll over your payroll year
Suitable for MYOB AccountRight, MYOB Essentials and MYOB AccountEdge users.