Single Touch Payroll (STP) is a reporting system that allows businesses to electronically provide payroll information directly to the Australian Taxation Office (ATO). If required, the details are shared with other government agencies when you process your pay run.
STP reporting is easily managed in e-PayDay Go® by accessing the Single Touch Payroll Menu. When you process a pay run, you can report the required information to the ATO after completing all the necessary steps. Single Touch Payroll Reporting is included in e-PayDay Go®, and all reporting is automatically managed using a Sending Service Provider (SSP).
🎯 As e-PayDay Go® is using a Sending Service Provider (SSP), you do not need to obtain an SSID from the Australian Taxation Office (ATO) before Single Touch Payroll reporting.
The Single Touch Payroll Menu contains the following options: View STP Lodgements, Lodge STP Update, Zero STP YTD Balances and STP EOFY Manager.
View STP Lodgements enables you to view the Single Touch Payroll Lodgments that have been processed.
Lodge STP Update enables you to send an Update to advise the ATO of changes to the Payee YTD Taxation Balances, which may relate to transitioning from another Payroll Solution.
Zero STP YTD Balances enables you to send an Update to advise the ATO that the balances reported from e-PayDay Go need to be zeroed out for the chosen Payees.
STP EOFY Manager enables you to send an Update to advise the ATO that the balances reported from e-PayDay Go need to be finalised for the chosen Payees. You do not need to send a final event before being able to start a pay run in the new financial year.