We have almost reached the end of the 2020 Financial Year which means very soon, you will be required to have finalised your year-end payroll and either provide employees with a payment summary (if you are not using Single Touch Payroll) or finalise your Single Touch Payroll and lodge with the ATO.
Part of this process is ensuring that for the full financial year, all your payroll accounts balance and any discrepancies are corrected, prior to lodgement with the ATO.
Employees are required to have access to their payment summaries/STP Finalisation no later than 14 July 2020. We are ready to assist with any of your EOFY payroll needs.
Author
Kate Lindquist
