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For a small number of our customers, there is an issue impacting the correct reporting of Employment Termination Payment (ETP) figures in the YTD Verification Report, which is an element of Single Touch Payroll.

This issue has now been resolved, however you’ll need to take action as outlined below to ensure correct values are sent to the ATO.

What does this mean?

This issue prevents you from processing STP EOFY finalisations for affected employees. Or it might result in producing finalisations with incorrect figures for affected employees being reported to the ATO for EOFY.

Which of my employees were affected?

Only employees who were paid an ETP in the 2021/22 payroll year have been affected.

You can find out which employees were paid an ETP by running a report.

• In AccountRight, run the Payroll Category Transactions report (Reports menu > Index to Reports > Payroll tab > Payroll Category Transactions).
• In MYOB Business, run the Pay item transactions report (Reporting > Reports > Payroll tab > Pay item transactions).

Run the report for last payroll year (1 July 2021 to 30 June 2022) and filter the report to only include the ETP payroll categories/pay items (such as ETP Taxable, ETP Tax Free and ETP Tax Withholding).

The report will list the employees who were paid an ETP in the 2021/22 payroll year.

What you need to do

1. If you've finalised any affected employees, undo their finalisation. Otherwise continue to step 2.
   1. Open the STP reporting centre:
      • In AccountRight: Go to the Payroll command centre> Payroll Reporting > Payroll Reporting Centre.
      • In MYOB Business: Go to the Payroll menu > Single Touch Payroll reporting.
   2. Click the EOFY Finalisation tab and choose 2021/22 for the Payroll year.
   3. Select the affected employees then click Remove finalisation and notify the ATO.
   4. Enter your details and click Send to declare to the ATO.
2. Run the Summary of payments report for each affected employee to check their ETP values.
   1. In the STP reporting centre, click the EOFY Finalisation tab.
   2. Click the ellipsis  button for the employee and choose View summary report (PDF).
   3. Check the employee's ETP values. If they're not correct, speak to your accounting advisor for further investigation or contact us for help.
3. Complete your end of year finalisation. This includes checking some key payroll reports and notifying the ATO of terminated employees. For all the details, see the end of year finalisation help for your MYOB product (AccountRight | MYOB Business).

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