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Single Touch Payroll (STP) Software

QuickBooks single touch payroll software solution powered by Employment Hero is ATO approved and comes with built-in STP compliance.

Small business owner using Quickbooks’s Single Touch Payroll (STP) software for his construction business

What is Single Touch Payroll (STP)?

Single Touch Payroll is a way for employers to report wages, PAYG and superannuation to the Australian Taxation Office (ATO)

Instead of waiting until the end of the financial year, payroll information is reported every time staff get paid.

We have recently released some new updates in the platform to better prepare QuickBooks customers for STP Phase 2.

*Further STP changes came into effect on 28 February 2022.

QuickBooks Payroll Software is STP ready

What are the changes

The biggest change brought about by STP Phase 2 is additional reporting requirements of employee and earnings data. This means data regarding employer and employee interactions between the ATO and other government agencies are more streamlined, and admin tasks associated with hiring and terminating employees is reduced.

Disaggregation of gross income amounts

Disaggregation of Gross Income Amounts

In Phase 1 of STP, Year-to-date gross income amounts were reported to the ATO via pay and update events. Phase 2 extends the use of this data to other government agencies such as the Department of Social Services, Services Australia (Child Support and Centrelink) and the Department of Veterans' Affairs. Because these agencies assess income differently, the disaggregation (separate itemisation) of gross income amounts will provide more accurate and relevant employment income information to them. The following components of gross earnings will be disaggregated:

  • Allowances
  • Bonuses and commissions
  • Directors' fees
  • Overtime
  • Paid leave
  • Salary sacrifice - In Phase 1, salary sacrifice amounts were not required to be reported. In Phase 2, it is a requirement.

What's not changing?

  • The way you lodge pay and update events
  • The due date for lodging events
  • The types of payments that are needed
  • Tax and super obligations
  • End of financial year finalisation event requirements

How QuickBooks can help with STP compliance?

Discover the benefits of Single Touch Payroll and using QuickBooks Payroll powered by Employment Hero.

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Streamline reporting

Automatically send payroll info each pay run

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Fast and accurate processing

No more manual data entry

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Easier at tax time

Save time and paperwork at the end of the financial year

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ATO approved

Send complete and ATO compliant reports with every pay run

Build the right plan for your business

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Single Touch Payroll checklists
Download the handy STP and STP 2 checklists to help get your payroll in order.

How to setup Single Touch Payroll in QuickBooks

Here is a step-by-step guide on how to setup Single Touch Payroll in QuickBooks:

  • Step 1: Sign in to your QuickBooks account
  • Sept 2: Select Employees and sign up to Employment Hero (our integrated payroll partner)
  • Sept 3: Select Payroll settings then Electronic lodgement and STP
  • Sept 4: Select Enable Single Touch Payroll

For a more detailed look at how to set up STP, click here.

Onboarding Session

Easy set-up with free onboarding session

Get one on one expert guidance to take you from signup to payrun so everything is set up to suit your business needs.

Hear how QuickBooks is helping our customers withSingle Touch Payroll compliance

I love how QuickBooks brings efficiency to our payroll. Hours are logged on-site with the app and we receive it instantly.

Ana Saad Co-Founder - J&JJ Landscaping

We use QuickBooks for most of our clients. It's STP compliant and has the tools that the building industry needs.

Maria Cavallaro, Founder - Tradie Troopers

Frequently asked questions about Single Touch Payroll (STP)

Speak with our local QuickBooks team about our Payroll options and meeting Single Touch Payroll compliance 1800 917 771