How to finalise Single Touch Payroll for EOFY in Jobpac

Simona Riftin

Updated 05 June 2026 07:01

Payroll EOFY

End of year payroll process — finalising your Single Touch Payroll

Finalising STP tells the ATO that the employee income statement information reported through STP is complete for the financial year.

Overview

This article explains how to finalise Single Touch Payroll (STP) in Jobpac as part of your EOFY payroll process.

Before finalising STP, reconcile and check employee year-to-date values so the information made available to employees through myGov is accurate.

Before you finalise STP

You no longer need to provide payment summaries to employees or lodge a payment summary annual report for information that has been reported and finalised through STP.

If you still want to provide employees with a copy of their PAYG Summary, the option remains available in Jobpac.

Payroll > Other Reports > PAYG Payment Summaries

At EOFY, employee gross values should be reconciled before STP is finalised. If PAYG or year-to-date values are incorrect, you can correct them using an update event from the STP Submissions screen or as part of the finalisation process.

If you need to reconcile PAYG values, refer to How to reconcile payment summaries to accumulated pay in Jobpac.

Step 1 — Enter reportable fringe benefit amounts

Reportable fringe benefit amounts can be entered through the STP2 Employee Gross Values screen. These amounts can then be reported through an update event or included as part of your final declaration.

1	Go to the STP2 Employee Gross Values screen. Payroll > Employee Information > STP2 Emp Gross Values
2	Enter the employee code and financial year.
3	Enter the reportable fringe benefit amount in the Adjustment column.
4	Click OK to save the change.

Step 2 — Fix employee income statement values

If employee year-to-date values need to be corrected before finalisation, use the Single Touch Payroll screen to submit a fix for employee income statements.

1	Go to Single Touch Payroll. Payroll > Payroll Processing > Single Touch Payroll
2	Click Action.
3	Select Fix Employees Income Statement.
4	Select the financial year.
5	Select a range of employees or select individual employees.
6	Check the submission details and proceed when ready.

Note: Use this option when you need to update employee year-to-date values before submitting the final STP declaration.

Step 3 — Make the final STP declaration

The final STP declaration confirms to the ATO that you have provided all required STP information for each employee for the financial year. This allows the ATO to make employee income statement information available for income tax return pre-fill and updates the employee income statement in myGov to show as final.

1	Go to Single Touch Payroll. Payroll > Payroll Processing > Single Touch Payroll
2	Click Action.
3	Select Finalise Employees Income Statement.
4	Select the financial year.
5	Select a range of employees or select individual employees.
6	Check the submission details.
7	Click OK to proceed with the finalisation.

Note: Once the finalisation declaration is accepted, employee information will display as Tax ready in ATO online through myGov.

When to finalise STP

You can make the final declaration during the financial year, after the end of the financial year, or by the required ATO due date.

Check the latest ATO requirements before finalising. If you cannot finalise by the due date, request a deferral from the ATO.

If you do not provide the finalisation indicator by the due date, you must provide payment summaries to your employees.

If payment summaries have already been provided because the final declaration was not made by the due date, you can submit Finalise Employees Income Statement to provide the payment summary information to the ATO.

Amend finalised STP information after EOFY

If you identify an error after finalising STP, amend the employee values and submit the correction through Single Touch Payroll.

1	Go to the STP2 Employee Gross Values screen. Payroll > Employee Information > STP2 Emp Gross Values
2	Enter the adjustment in the Adjustment column.
3	Go to Single Touch Payroll. Payroll > Payroll Processing > Single Touch Payroll
4	Submit the amendment using Finalise Employees Income Statement.

The employee information in myGov will be updated with the amended values and will be available for income tax return pre-fill.

Note: If an employee has already lodged their tax return using previous finalised information, the ATO may issue an amended assessment to the employee.

Remove incorrect finalised information if final details are not ready

If you identify that finalised employee information is incorrect but you are not ready to provide the final corrected details, submit an update event using Fix Employees Income Statement.

This removes the previously notified final information from tax return pre-fill so the employee does not use incorrect information to lodge a tax return.

The employee income statement in myGov will be updated from finalised back to year-to-date.

What to tell your employees

Let employees know that you are no longer required to provide a payment summary for information reported and finalised through STP.

Employees can access their year-to-date and end-of-year payment summary information in ATO online through myGov. This information is called an income statement.

Encourage employees to:

Check that their personal details are up to date with your company.
Check that their personal details are up to date in ATO online.
Wait until their income statement is marked as Tax ready before lodging their tax return.

Note: Incorrect or outdated employee personal details may prevent employees from seeing their STP information in ATO online.

You're done when:

✓ Reportable fringe benefit amounts have been entered and saved

✓ Employee year-to-date values have been reviewed and corrected if required

✓ Final STP declaration has been submitted and accepted

✓ Employee income statements show as Tax ready in myGov