Overview
When you no longer need to make further employee payments during the current pay period, you can mark the employee record as final within the relevant pay event. Making this declaration will update the employee’s MyGov account to show the STP information from the employer is final for the current pay period. Before you can mark your data as final, you will need to create a pay event. To read details on how to create a pay event, refer to the following guide.
Important
When an employer reports the finalisation declaration during the financial year, this replaces the employer’s obligation to provide the employee with a part year payment summary. Pre-fill information will not be available until after 30 June.
Availability
| Payroll Plan: | Standard | Premium |
Getting started
The below premises will walk you through how to mark your employee records off as final for the current pay period, either individually or in bulk.
- Log into your Employment Hero Payroll platform.
- Click the Report menu.
- Click the Single Touch Payroll submenu.
- Select the pay event that needs an employee marked as final.
- Select the Mark as Final tick box.
- Click the Confirm button.
- Log into your Employment Hero Payroll platform.
- Click the Report menu.
- Click the Single Touch Payroll submenu.
- Select the pay event that needs all its employees marked as final.
- Click the Actions button.
- Click the Mark all as Final button.
- Click the Accept button.
Maintain
The below premises will walk you through how to remove the marked as final selection from your employee records, either individually or in bulk.
- Log into your Employment Hero Payroll platform.
- Click the Report menu.
- Click the Single Touch Payroll submenu.
- Select the pay event that needs an employee marked as not final.
- Unselect the Mark as Final tick box.
- Log into your Employment Hero Payroll platform.
- Click the Report menu.
- Click the Single Touch Payroll submenu.
- Select the pay event that needs all employees marked as not final.
- Click the Actions button.
- Click the Mark all as not Final button.
Author recommended
So you have now marked an employee as final and you are now wondering what next can I do. There are two recommendations I would make on this front and they are:
- Payroll Platform: Managing Reportable Fringe Benefits Amount (RFBA) in a Single Touch Payroll (STP) Pay Event: This feature allows you to view each employee's RFBA amount, edit the data if needed, and also download a template and then import in bulk these figures.
- Payroll FAQ: How Do I Refresh the Displayed Single Touch Payroll (STP) Pay Event Data? This FAQ covers a common question we receive around how to refresh your displayed your STP pay event information after you have made a change elsewhere on your payroll platform.
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