Final Indicator

Final Indicator

On every STP Report the 'Final EOY pay indicator' is set to FALSE (by default) - see 3rd column in image below.

Once a year, the 'Final EOY pay indicator' is set to TRUE for each Payee. Sending TRUE as the 'Final EOY pay indicator' is used to notify the ATO that the YTD Payment Details submitted here are the 'Final' amounts for the year. Setting the Final Indicator to TRUE is like providing both the Payee and the ATO with a Payment Summary (now called an Income Statement). It is your sign-off for this Payer.

To change to the 'Final EOY pay indicator' to TRUE, select the Payee(s) and click the Final Indicator button, this will set this Field to TRUE for the selected Payees for this STP Report (whether it is a regular Pay Event or an Update Event). This is usually done at the end of the payroll year or when finalising a Payee during a Payroll Year.

Reset Final Indicator

If you set the Final Indicator to TRUE by mistake or have changed you mind, click here to change the Final Indicator back to FALSE for the selected Payees. The Final Indicator setting (whether TRUE or FALSE) is for this STP Report only.

A Final Indicator showing TRUE can be done:

• during the year (for example if a payee leaves during the year) at the same time as reporting payroll (a Pay Event),
• at the end of the payroll year at the same time as reporting payroll (a Pay Event),
• during the year as an Update Event
• at the end of the payroll year as an Update Event.

To send a Final Indicator for a Payee, select the Payee(s) and then click the button highlighted below. The Final Indicator column will be changed to TRUE for the Payee(s) for this STP Report.

To reverse this, if set accidentally or my mistake, select the Payee(s) and then click the Reset Final Indicator button. The Final Indicator column will be changed to FALSE for the Payee(s) for this STP Report.