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

🎯 You do NOT need to complete the 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. 

🎯 DO NOT Zero STP YTD Balances once you have completed STEP 5, as this will advise the ATO that these Payees YTD Balances are ZERO. 

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

• STEP 1 -  Review all Pay Run STP Lodgements before lodging your (EOFY) Final Event

• STEP 2 - Process your Superannuation Contributions

• STEP 3 - Enter Payees' FBT (Fringe Benefit Tax) Balances for the Financial Year Ending 31 March 2025 before lodging a (EOFY) Final Event.

• STEP 4 - Print the required reports before lodging your (EOFY) Final Event.

• STEP 5 - Lodge your (EOFY) Final Event.