Before you begin STP reporting you must enable STP for each pay company that is ready to begin meeting the reporting obligations via the STP channel.
In FastTrack360, STP reporting is enabled on a per-pay company basis. This allows some pay companies that are configured in your system to continue reporting using the existing payment summary and payment summary annual report (PSAR) method to meet the reporting obligations if they are not ready to commence STP reporting.
It is an ATO requirement that once a pay company has reported through STP that the pay company must continue to do so from that point onwards. Therefore, it is important that you do not enable STP reporting for a pay company until you are sure that the pay company is ready to begin using STP.
Before you enable STP reporting for a pay company, make sure you know the following information, which you will need to configure against the pay company when you enable STP reporting:
the payment date from which the pay company will begin STP reporting
the STP submission declaration type that applies to the pay company.
STP reporting is enabled for a pay company via the STP Reporting field grouping on the Payroll > Maintenance > Pay Company, as highlighted below.
How to Enable STP Reporting for a Pay Company
To enable STP reporting for a pay company, follow the procedure below.
If your instance of FastTrack360 is hosted on-premise instead of cloud-hosted, steps 7 & 8 in the procedure below do not apply and can be skipped.
1 | Go to Payroll Australia > Maintenance > Pay Company The Pay Company Maintenance screen opens. | |
2 | Search for and open the relevant Pay Company record. The Pay Company record opens in the Pay Company Entry screen | |
3 | In the STP Reporting field grouping in the header at the top of the screen, click STP Enabled. The STP Enabled field is ticked and the Date From and Declaration Type field are enabled. | |
4 | Next to the Date From field, click the calendar button and select the earliest payment date for which payroll information will be reported via STP. For example, if you will start reporting via STP as of the start of a financial year, select 1 July of the relevant year in this field. If you will start reporting during a financial year, select the date after which you plan to pay your last payroll prior to migrating to STP. Any pay batches that are processed in FastTrack360 that have a payment date that falls on or after the date that is selected in this field will be available for submitting via STP. For more information, also see Finalising Pay Prior to Commencing STP Reporting. |  |
5 | From the Declaration Type field, select the declaration type that applies to pay company. For more information, see Declaration Types. Depending on the declaration type that applies to the pay company, it may also be necessary to configure the registered agent information for the pay company. For more information, see Registered Agent Information. | |
6 | Click Save. The changes you have made to the pay company are saved, the Pay Company Entry screen closes and a confirmation message opens to confirm that the pay company has been saved. |  |
7 | In the search results list on the Pay Company Maintenance screen, click the view / edit button next to the pay company that you just saved. The Pay Company record is opened again in the Pay Company Entry screen and the STP Reporting field grouping now displays two additional fields, SSID and ATO Authorisation Status. | |
8 | Take note of the ID that is displayed in the SSID field. You will need to quote this ID to the ATO when you authorise STP reporting for the pay company. |