Incorrect dates on STP finalisations

We are currently experiencing issues with some employers finalising their end of financial year Single Touch Payroll (STP) data with incorrect dates being used in Pay or Update events.

 Remind your employer clients that:

• When finalising their 2019–20 end of financial year STP information, best practise is to set the date to 30 June 2020. If they do not change the date, the update will be applied to the 2020– 21 financial year in error.
• An Update event should be used if finalising after 30 June 2020.
• Period start and end dates of the employee need to be in the same financial year as the pay/update date. If finalising the 2019–20 financial year we recommend setting these dates to 30 June 2020.

The Run Date/Time Stamp is always set to the timestamp of when the new update (or submit) is generated (UTC – not local time). The timestamp is used by us to determine the most recent year-to-date and finalisation status of an employee. Your clients should not be able to amend the Run Date/Time Stamp.

We may contact employers directly to assist them where it is suspected they have entered an incorrect payment date into a prior financial year.