AccountRight Plus and Premier, Australia only
You must close the payroll year in the last month of your payroll year or soon after. Otherwise, you won't be able to enter pays for the next payroll year.
Single Touch Payroll reporting
Even if you've reported payroll information to the ATO prior to 1 July 2018, you'll still need to prepare payment summaries for the 2017/2018 payroll year.
Learn more about Single Touch Payroll reporting.
Need more help? We've got experts available to help you answer your EOFY questions.
What you need to do
Do the following tasks to close your current payroll year and start a new one.
|1||Enter all pays for June.|
Review at least the following two payroll reports to make sure the payroll transactions entered for the year are correct:
Unless you started using the payroll features part way through the payroll year, the totals of these reports should match. If these reports are different, it means the Pay History in an employee's card has been edited.
|3||Prepare payment summaries|
|4||Close the payroll year|
|5||Update the PAYG tax tables|