Payroll and STP

Hi ACke,

If your employee's are seeing Not Tax Ready in their Income statement accounts, I recommend checking your Payroll file and verify if you have submitted a Finalisation event for the financial year and if you have send notifications. Here's how to:

1. Log in to QuickBooks Online as the master/primary admin.
2. Click on the Payroll tab.
3. Click on Reports.
4. Click on Single Touch Payroll.
5. Select the Financial year and pay schedule.
6. Check from the Event Type column if ti shows a Finalisation event successfully submitted.

If it shows successful, click on the Finalication event ID that was lodged to the ATO. And lcik on Actions tab then choose Send notification option.

If there are no Finalisation event submitted for the financial year in question, here's how to submit a finalisation event.

1. Click on the Payroll tab and choose Reports.
2. Click on Single Touch Payroll.
3. Click on Start Finalisation Process.
4. Select the Pay Schedule and Financial year.
5. Click on Next.
6. Confirm your payroll data and continue prompts to submit finalisation event.
7.  Read the declaration then select Lodge Finalisation Event.

Then, send notifications using above steps. Check this link to learn more about creating and lodging Finalisation event.

Let me know if you have other questions or concerns. I'll be here to back you up. Take care.