STP phase 2

Good day, @Hashtag burgers and waffles.

Welcome, and thanks for reaching out to the Community. I'm to share information about STP phase 2 in QuickBooks Online (QBO).

For STP phase 2, the common pay, leave, and deduction categories in the system have been updated with payment classification information, so you don't have to manually update it.

If you don't use the common categories in QuickBooks Online Payroll, you'll have to check the payment classification of your pay, leave, and deduction categories to ensure you're reporting each category correctly to the ATO. 

Here are the categories you need to check:

• Update Pay Categories
• Update Leave Categories
• Update Deduction Categories
• Review employee tax file declaration information

Once you've checked the settings and payment classification for each category, you're all set for STP Phase 2 and can lodge your pay run and pay event in the same process in STP Phase 1.

To learn more about STP Phase 2, you can check this link for more detailed information Preparing for Single Touch Payroll (STP) Phase 2.

For more tips and other resources, you can also visit our website for future reference: QBO self-help articles.

Feel free to leave a comment below if you have more additional questions about STP phase 2 or anything else. I'm always ready to answer them. Stay safe and enjoy the rest of the day.