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shereey
Level 2
posted
‎June 07, 2022 09:36 AM
last updated ‎June 06, 2022 4:36 PM

STP Finalisation Event Timing

What is the timing of the STP Finalisation Event?  That is, do you have to do it before the next pay run in the new financial year?  My last pay for 2022 is on 22/6/22, and the next on 6/7/22.  So do I only have between 1/7/22 - 5/7/22 to process?

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3 Comments 3
IntuitSheila
Level 8
‎June 07, 2022 11:27 AM

STP Finalisation Event Timing

Hello shereey,

 

Thanks for posting in the Community!

 

If the pay date of the pay run falls on the new financial period, you'll have to lodge the pay event to the new financial year.
You can lodge the pay event with the ATO on or before the date the payment is made.

 

Also, you can refer to this article to learn more about submitting a pay event and finalising a pay event: 

 

Post again in the Community if you need more help with QuickBooks Online. I'll be around to help you!

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shereey
Level 2
‎June 07, 2022 11:34 AM

STP Finalisation Event Timing

Thanks for your reply Sheila, but I think you misinterpreted my question.

I'm referring to the finalisation of pay events for the EOY.

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IntuitSheila
Level 8
‎June 07, 2022 12:49 PM

STP Finalisation Event Timing

Hello shereey,

 

Thanks for getting back to us. Reporting pay events to the ATO is based on the pay dates of the pay run.  For the pay date on 22/6/22, you lodge the pay event on the current financial year period. And if your next pay run date is on 6/7/22 for the new financial year, then you'll have to lodge the STP on the new financial year period.

 

If you need more help with lodging finalisation event, I'd also recommend contacting our Customer Care Team through chat or phone to help check the period you needed to lodge.

 

Feel free to post again in the Community!

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