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Summary

Finalisation with STP is the new and improved way to report your payroll information to the ATO.

Description

Learn everything you need to know about finalising your payroll information. 

What's covered:

  • What is finalisation?
  • What do you need to know and do before finalising
  • How to report Reportable Fringe Benefits Amounts (RFBA)
  • How to Finalise and Notify the ATO
  • How to undo a finalisation
  • The next steps after finalising

Not covered:

  • How to prepare PAYG Payment Summaries
  • How to set up Single Touch Payroll (STP)
  • How to process pay runs
  • How to fix payroll errors