AccountRight Plus and Premier (v2018.2 and later), Australia only

After you've set up Single Touch Payroll, your end-of-year payroll gets a lot easier.

You'll continue paying your employees like normal

Once you've connected to the ATO, you're all set up for Single Touch Payroll reporting. You won't notice anything new while entering your pays, but after you record a pay you'll now have to send the payroll information to the ATO.

This is easily done – if prompted, sign in to your my.MYOB account, enter the name of the authorised sender and click Send .

You can check the status of your submissions by going to the Payroll command centre and choosing Payroll Reporting > Payroll Reporting Centre.

Say goodbye to payment summaries

From the 2018/19 payroll year onwards, you won't need to prepare or send payment summaries.

Instead, you'll finalise your STP reporting, which is a simple process.

When you finalise, the status of the employee's income statement in myGov will change to Tax ready. This means they'll be able to pre-fill and lodge their tax return. Check with the ATO on the due date for making this finalisation declaration.

For more information, see End of year finalisation with Single Touch Payroll reporting.

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