How do I process my Single Touch Payroll End of Financial Year?

e-PayDay Go® End Of Financial Year (EOFY) Survival Guide

STP END-OF-FINANCIAL-YEAR PROCESSING CHEAT SHEET CHECKLIST

You DO NOT need to complete the steps below before processing a pay run for the new Financial Year! However, please ensure you have completed up to and including STEP 5 by 14 July 2025. 

What pay runs are included when reporting my EOFY Final Event to the Australian Taxation Office?

Pay Runs are reported based on their Payment Date when using Single Touch Payroll. As such, your Final Event will encompass all pay runs with a payment date on or before June 30. It is essential to verify that each of your pay runs has been reported accurately and successfully, ensuring that none have been overlooked. This attention to detail will help you maintain compliance and avoid any potential issues as the deadline approaches.

DO NOT Zero STP YTD Balances once you have completed STEP 5, as this will report to the ATO that the Payees' YTD Balances are ZERO. 

• STEP 1 - Enter Payees' FBT (Fringe Benefit Tax) Balances for the Financial Year Ending 31 March 2025 before lodging a (EOFY) Final Event.

• STEP 2 - Print the required reports before lodging your (EOFY) Final Event.

• STEP 3 - Review all Pay Run STP Lodgements before lodging your (EOFY) Final Event.

• STEP 4 - Process your Superannuation Contributions.

• STEP 5 - Lodge your (EOFY) Final Event.
  DO NOT Zero STP YTD Balances once you have completed STEP 5, as this will report to the ATO that the Payees' YTD Balances are ZERO. 

• STEP 6 - Process your first Pay Run for FYE 30 June 2026.

  • The YTD Balances displayed in Pay Run (STEP 1 of Pay Day) are updated once you compose your first pay run for FYE 2026.

  • The Mandatory Employer Superannuation Guarantee Information Message is displayed in Payees (STEP 2 of Pay Day) when you process your first pay run for FYE 2026. Select the Status Icon for each Payee to action this change. 

• STEP 7 - Check for Fair Work Minimum Award Rate changes.

  • Most employees are covered by an award. Awards are legal documents that outline minimum pay rates and conditions of employment for an industry or occupation. From the first full pay period starting on or after 1 July 2025, adult minimum award wages increase by 3.5%.