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Proadvisor year-end guides for QuickBooks Online and Payroll [VIDEO]

SOLVEDby QuickBooksUpdated 2 weeks ago

EOFY Process for QuickBooks Online

Learn how to complete the end of year process for QuickBooks Online with BAS agent, bookkeeper, and QuickBooks trainer Lauretta Finis. [36 minutes]

EOFY Processs for QuickBooks Payroll powered by KeyPay

Lauretta will also be guiding you on how to complete the Single Touch Payroll (STP) end of year process for QuickBooks Payroll. [12 minutes]

More resources on EOFY:

Year-end guide and checklist – ProAdvisors

End of financial year review checklist (Word document version)

End of financial year checklist (PDF version)

Key payroll changes to look out for in the FY22 Financial Year:

  • From 1 July 2021, any business with 19 or less employees that pay closely held employees are obligated to start reporting STP events. Instructions on how to report closely held employees in QuickBooks Payroll will be coming soon here.
  • From 1 July 2021, the super guarantee percentage will increase from 9.5% to 10%. If super rates in your client's file are set to default rates, you do not need to make any changes in QuickBooks Payroll. Learn more about this change here.

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