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:
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.