EOFY Required Updates for Single Touch Payroll

Published: Thursday, 30 April 2020 at 4:00:00 PM

The Australian Taxation Office (ATO) have changed their reporting requirements which will effect payroll processing for redundancies.

The April release of SynergySoft contains updates that ensure you comply with recent changes to end of financial year (EOFY) reporting requirements.

Please note, you are required to upgrade to the latest version of SynergySoft prior to your last run in the 2019/20 financial year.

The April release also includes:

  • Updates to key end of year reporting functions
  • Alignment between End of Year and Single Touch Payroll processes
  • Enhancements to the Altus Payroll and SynergySoft integration

Please refer to the release notes for further details which are located on thClient Portal.

IT Vision can perform the installation for you with service assistance packages available. Please email sales@itvision.com.au or call (08) 9315 7000 for further information.

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