In this step, we grapple with the question of whether you migrated to Wagemaster this financial year from another payroll product.
If the answer is No, skip to the next step.
If the answer is yes, then you have two choices:
- Produce ATO Payment Summaries for the first part of the year from your old software product then, produce them again from Wagemaster for the remainder of the year.
- Produce ATO Payment Summaries for the whole year from Wagemaster
Option 1: Means no work for you in Wagemaster but does not apply if you migrated to Wagemaster with your payroll data from the first part of the year.
Option 2: Requires you to ensure that the value of all pays from your old payroll software product are present in Wagemaster ready for your end of year processing. This includes that of any employees terminated in your old system in the first part of the year along with the value of their pays.