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Louis11
Level 1

Changing ABN

Changing business structure from Partnership to Company so will have an new ABN number.  Two questions regarding updating the ATO.

 

1.  If I update the new ABN in KeyPay via Employees, Payroll Settings, ATO Settings will this automatically update the ATO on the next pay run to record STP against the new entity?

 

2.  If I update the new ABN in Quickbooks, Accounts and Settings, Company Menu, will this automatically update the ATO regarding future BAS lodgements for the new entity?

Solved
Best answer June 13, 2022

Best Answers
IntuitAika
Intuit

Changing ABN

Hi Louis11,

 

Thanks for posting in the Community! 

 

For STP reporting, you may need to check with ATO  or on your ATO Access Manager and make sure you've registered the new ABN against your KeyPay software ID. 

 

Furthermore, you can follow these steps on how to change your ABN in Employees tab.

 

1. Go to Employees tab. 
2. Select Payroll Settings and then Details
3. You can change ABN under ABN settings.

 

Note: Once the ABN is changed in the details field, that will change the ABN in all pay slips going forward, and to the ATO when submitting STP.

 

For more detailed information, you can also check on this article: How to manage STP reporting if your ABN changes

 

For ABN change on BAS, you can update your ABN on your company settings. The new ABN will then reflect on the new transactions you've entered in QuickBooks Online. Furthermore, you may contact ATO to confirm if they have the new ABN registered on file for your BAS lodgements. 

 

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

View solution in original post

1 Comment 1
IntuitAika
Intuit

Changing ABN

Hi Louis11,

 

Thanks for posting in the Community! 

 

For STP reporting, you may need to check with ATO  or on your ATO Access Manager and make sure you've registered the new ABN against your KeyPay software ID. 

 

Furthermore, you can follow these steps on how to change your ABN in Employees tab.

 

1. Go to Employees tab. 
2. Select Payroll Settings and then Details
3. You can change ABN under ABN settings.

 

Note: Once the ABN is changed in the details field, that will change the ABN in all pay slips going forward, and to the ATO when submitting STP.

 

For more detailed information, you can also check on this article: How to manage STP reporting if your ABN changes

 

For ABN change on BAS, you can update your ABN on your company settings. The new ABN will then reflect on the new transactions you've entered in QuickBooks Online. Furthermore, you may contact ATO to confirm if they have the new ABN registered on file for your BAS lodgements. 

 

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