What is Single Touch Payroll (STP)?
Single Touch Payroll (STP) is a government program designed to make business reporting easier. Employers, or their intermediaries, can report payments like salaries, wages, pay-as-you-go (PAYG) withholding, and super contributions directly to the Australian Taxation Office (ATO) from their payroll system. This reporting happens simultaneously when employees are paid. If your business uses Entire OnHire, it supports STP through SBR2 – ebMS3.
Who Needs to Use STP? - Employers with 20 or more employees are required by law to use STP from 1 July 2018.
Key Terms to Understand: STP Definitions
End of Year / STP Masters Settings:
Allowances Master - Allowances
Additions / Deductions Master - Additions and Deductions
Allowances Mapping - How to map allowances if you are getting the error "Allowances which are pending to map with codes provided by ATO" which doing STP.
Single Touch Payroll Process Run:
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