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Here is a recording from our EOY Webinar from last 16/6/2022 year if you missed it!

https://vimeo.com/720939468/d638093b21

Our upcoming webinar will appear here:

Please download our Checklist to follow (smile)

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 Key Things to Remember

  1. Please Reconfirm your end of Finanical Year dates and Super Cut off Dates before you start your end of year process.

  2. Any Adjustments to Payslips need to be completed before your final STP is processed- Otherwise they HAVE TO be processed the following year. As you cannot return after you close of your STP.

  3. Ensure your Terminated Employees have Termination date and Reason on their profile

Step 1 - Reconcile your accounts 

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 To start a new financial year, you will need to set your start and end dates, as well as your new Superannuation, cut-off dates. 

 Please note:  All of the above must be done prior to processing any payroll in the new financial year 

 
Step 8 - Change in

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Superannuation Percentage

 Entire Software is aware that the $450 per calendar month threshold is to be removed on super % will be increasing from 10.5% to 11% from the July 1, 20222023.   - https://www.

Link for reference: Super guarantee percentage | Australian Taxation Office (ato.gov.au/General/New-legislation/In-detail/Super/Removing-the-$450-per-month-threshold-for-superannuation-guarantee-eligibility/#:~:text=From%201%20July%202022%2C%20the,guarantee%20eligibility%20will%20be%20removed.)

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 Please be assured that we will carry out a system-wide update to reflect this change on your behalf. 

As always, we are here to help so if our assistance is required, please contact us as soon as possible as this will be a very busy period for all of us. 

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