LawMaster documents the end of year procedure to assist with your preparations for EOFY. This document details instructions for rolling both the Payroll EOY and Accounting EOY. If your database is not in the 2020-2021 year, please contact your account manager.
Click on the image below to access the 2021 End of Year Procedure document:
Note: If reporting STP and you have rolled your payroll to the year 01/07/2021 you will not be able to Submit your 2020-2021 EOY Finalisation Declaration to the ATO until 1 July 2021.
You will also need to download updated tax scales and forms which are available from the Client Service Centre > Other Downloads.
This also includes end of year processing for Single Touch Payroll (STP). Please ensure that all steps are followed carefully.