Last Update 05/07/2016
|PERIOD END PROCEDURES AND GST IMPLEMENTATION
For details of Current Program releases refer to the USER
BULLETIN SHEET on this web site.
Obviously, you should be on the latest release to ensure that everything works as it shoild. This is particularly true for Payman, where the ATO make regular changes to requirements.
PRINTING PAYMENT SUMMARIES/YEAR END PROCEDURES
The instructions for printing Payment Summaries (formerly Group Certificates), producing an electronic file for the Taxation Office and balancing forward to the new year are contained in On Line Help. To access these instructions, do the following: Select Help/Help Contents/Year End, now select “Step by Step Instructions at Year End”, then File/Print Topic. Please FAX or email us your details if this is not the case. Please refer to the other topics listed in the YEAR END section of On Line Help (including COMMON QUESTIONS) if you have further questions about Year End procedures.
From the 2016 year, the ATO have ceased supporting their ECI lodgement software and all files need to be lodged via the ATO Tax Portal
COMMON QUESTIONS AT YEAR END DEALT WITH IN ON LINE HELP
Are you using the current version of the software? Did you clear
year’s EMPDUPE file
before creating this year’s file?
For some reason, the ATO give an 'Accepted - but with warning' message when you lodge an EMPDUPE file where the Supplier has only one line entered for the street address. You can ignore this warning, or if you want to remove it, enter a single charcter (ie 'a') on Supplier address line 2 within Payman.
APPROVAL OF PAYMENT SUMMARIES
If you contact the ATO re approval of payment summaries etc, they have had the lastest version registered with them using the online ATO ECI self test system. This is the latest version.
FBT ON PAYMENT SUMMARIES
From 2009/2010 onwards, if an employee receives salary sacrifice in the form of superanuation, this needs to be reported on the Payment Summaries as well as the EMPDUPE file. This amount can be added or edited through Data Entry and viewed on the Payment Summary report under Year End.
NEW TAX RATES FOR for CURRENT YEAR
PAYMAN is updated each year with any new tax rates from the
ATO. These rates come into effect when you close the last year and
Payman detects that the new year start date corresponds to the new tax
The PERIOD/YEAR END instructions for balancing forward to the new year are contained in On Line Help. To access these instructions, do the following :
Start CASHMAN, select HELP/CONTENTS/SEARCH, now type in PERIOD END and click on DISPLAY. To print these instructions – click PRINT. These instructions also deal with CASHMAN integrated with DEBTORS & CREDITORS.
There is no YEAR END procedure required where you are using
stand alone versions of DEBTORS &/or CREDITORS (e.g. in
[top]Change the “Year Start” and “Year End” dates appropriate to the new Financial Year, by selecting NEW YEAR on the Main Screen
[top]Change the “Year Start” date appropriate to the new Financial Year, by selecting UTILITIES / EDIT ENTITY DETAILS and then editing the start date. If Benchmark interest rate or FBT Tax rate has changed, edit this here also. You will need to do this for every FBT Entity. [top]
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