What you need to do before setting up Single Touch Payroll

There is a little bit of preparation you should do before embarking on STP Setup. We have provided a checklist to help make it smoother for you.

  1. Back up your database

    It's good practice to take a backup before making any significant change to your payroll database, and getting ready for STP certainly qualifies as that.

    Once you complete (and select Finish) on the STP Setup Wizard, STP reporting functionality cannot be disabled, so having a backup before that point gives you a contingency, both before and after you enable STP, in case you need to roll the system back for any reason.

    To back up your file, watch this video.

  2. Check your Sage WageEasy version

    Your WageMaster/WageEasy version must be (or newer, if available) in order for you to use the new STP-related features. If you are on an older version than that, you'll have to upgrade.

    You can check your software version by going to Help > About Wage Easy Payroll. The version number is displayed in the bottom left of the About page.

  3. Check Award > Superannuation configuration for OTE setup

    One of the categories included in Sage WageEasy pay event reporting is Ordinary Time Earnings (OTE) calculated for employer Superannuation Guarantee (SG) contributions, so it’s important to check that these are set up correctly.

    Before you complete the STP Setup wizard and enable STP reporting, you should check each Award’s superannuation contribution to ensure that the correct OTE pay components have been included in the superannuation calculation parameters.

    In each relevant Award, go to Payments > Superannuation. Under Payment Conditions, check that the correct Payment Conditions have been selected.

  4. Check that Additions and Deductions have the correct ATO Payment Summary option set

    Sage WageEasy refers to the Payment Summary field on the ATO Payment Summaries tab of each Addition or Deduction to determine how certain Allowance and/or Deduction values are reported to the ATO, e.g. should an Addition amount be included in an employee's gross salary and wages, or identified separately as a specific type of Allowance?

    To be identified as an Allowance, on the ATO Payment Summary tab the Addition (before or after tax) must be set to Show on ATO Payment Summary and to Show As an Allowance.

    Workplace Giving deductions (before or after tax) must be set to Show on ATO Payment Summary and to Show As Workplace Giving.

  5. Check your company bank details

    It is vital that your company bank details are entered in order to create an EFT file.

    There are two places that you will need to check:

    • The company bank account you pay wages from. Go to File > Company Details > Banking > Bank Account
    • The bank account you make withholding payments to. Go to File > Company Details > Banking > Taxation > Tax Configuration
  6. Backup your payroll database

    To back up your file, watch this video.

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