WagelochUser Guides

STP finalisation

3 min read

STP finalisation

Use this guide at end of financial year to complete Single Touch Payroll (STP) finalisation in Wageloch Payroll. You will review year-to-date totals, update reportable fringe benefit amounts (RFBA), submit finalisation to the ATO, and correct employee records if required.

Before you start

  • Confirm all scheduled pay runs for the financial year are complete.
  • Check payroll totals against your accounting system.
  • Confirm whether any employees need RFBA or other year-end adjustments.

Finalisation uses annual totals

The finalisation page loads data for the whole financial year, not one pay run. Confirm the annual totals at the top of the page before you submit finalisation.

Open the finalisation page

  1. Open Payroll.
  2. Select the Finalisation tab. Finalisation tab with yearly employee totals
  3. Wait for the employee list to load for the selected financial year.
  4. Select the required year in Payroll year. Payroll year selection and grand totals
  5. Review the employee grand totals.

Review employee STP details

  1. Select View Details. View Details and STP Report controls
  2. Choose an employee from the dropdown in the top right. Employee STP summary report in View Details
  3. Review the employee STP summary values before finalising.

Enter RFBA amounts

  1. Select EDIT RFBA for the relevant employee. Editing RFBA values in finalisation list
  2. Enter values in the RFBA or Section 57A field.
  3. Select Save RFBA. Saving updated RFBA values

Submit finalisation to the ATO

  1. Select the employee checkboxes you want to finalise.
  2. To finalise everyone, select the header checkbox at the top of the list.
  3. Select Submit finalisation. Submitting finalisation for selected employees
  4. Confirm the submission.
  5. On the confirmation screen, tick the declaration.
  6. Select Done to send finalisation to the ATO. Confirmation declaration before sending to ATO
  7. Confirm employee status shows Final in green.

Confirm records before submitting

Do not submit finalisation until totals and RFBA values are correct. Changes after submission require unfinalising and resubmitting.

Download the STP report

  1. Select View Details.
  2. Download the STP report for your records.

Make corrections after finalisation

If you need to correct an employee after finalisation, unfinalise the employee first, apply the correction, then submit finalisation again.

  1. Select the employee.
  2. Select Remove finalisation. Remove finalisation flow for post-finalisation corrections
  3. On the confirmation screen, select Done to send the unfinalisation notification to the ATO.
  4. Confirm the employee status changes to Not final.
  5. Edit the required employee information, such as RFBA values.
  6. If payroll totals are wrong, create an unscheduled pay run in Pay Runs to apply the adjustment.
  7. Return to Finalisation.
  8. Submit finalisation again.

Corrections can affect reporting

If you change totals after finalisation, make sure your accounting and STP records are aligned before you resubmit.

Troubleshooting

Totals do not match the accounting system

Do not submit finalisation yet. Review pay runs and create an unscheduled pay run if an adjustment is required.

RFBA was missed before finalisation

Unfinalise the employee, enter RFBA values, save, then submit finalisation again.

Can you finalise one employee only?

Yes. Select that employee and submit finalisation for that record only. You can finalise other employees later.

How to confirm an employee is finalised

Check the status column. A finalised employee shows Final in green.

When is data sent to the ATO?

Data is sent when you complete the final confirmation and select Done.

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