AccountRight v19 Plus, Premier and Enterprise, Australia only AccountRight v19 is not compatible with Single Touch Payroll reporting. If you need to report your payroll activity, you need to upgrade to AccountRight 2018. Features not currently available in the new AccountRightHowever, the following features aren't available yet in the new AccountRight, so if you use any of these in AccountRight v19 you might not be able to upgrade just yet: M-Powered Payments some multi-currency features (check the latest upgrade info)negative inventorymulti-location stock trackingWatch this space! We'll have more info about your upgrade options soon. Don't stress – you've got an extended deferral from STPIf you can't upgrade just yet, we've worked with the ATO and you have been granted an extended deferral from STP reporting until 30 September 2019. M-Powered Payments usersWe're building a new service to replace M-Powered Payments that works with the new AccountRight – but it isn't ready yet. This means that if you're using M-Powered Payments, you can continue using AccountRight v19 until 30 September 2019, by which time the replacement for M-Powered Payments will be available and you'll be able to upgrade. However, if you're using M-Powered services and are not using any of Single Touch Payroll (STP) is an ATO requirement which changes the way you report payroll payments, including: - salaries and wages
- pay as you go (PAYG) withholding
- superannuation information
It’ll simplify your ATO reporting because you’ll be able to do it directly from your payroll software at the same time as you pay your employees. This means you’ll be able to meet your ATO reporting obligations at the same time you pay your employees, instead of running a separate process. It will also make EOFY a breeze because you’ve already reported your payroll activity throughout the payroll year. Learn more about the requirements of Single Touch Payroll on the ATO website. Learn more about what MYOB are doing at myob.com/stp UI Text Box |
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