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Sarah Choonara
Jul 5, 2022 1:23 PM UTC
Question

Finalising Pay

Hello - I have run my final pay run which with Lodged with ATO. I am now going through Year End. As advised, I Created an Update Event and checked all YTD figures. If all is correct, nothing needs updating. Do I need to Lodge with ATO (or will that just create confusion as we already lodged the Pay Event ending 30/06/22) - or should I delete that Update Event as nothing was needed. Or should I leave it and proceed to Finalisation Process?

1 reply

IntuitAikaQuickBooks Team
QuickBooks Team
Jul 5, 2022 11:21 PM UTC

Hi Sarah Choonara,

 

Thanks for posting in the Community! You can create an update event if there are adjustments made on employees pay run and update the details of a pay event recently reported to the ATO. If you've confirmed that the YTD amounts reported to the ATO are correct and no adjustments were made, you can either process a finalisation event using an update event or create and lodge a finalisation event.

 

Feel free to drop a comment below if you have any other questions. Have a great day! 

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