Payroll EOFY
How to roll Payroll into the new financial year
Close the Payroll accounting period and reset year-to-date values ready for the new financial year.
Overview
This article explains how to roll the Payroll module into the next financial year in Jobpac. This process closes the Payroll accounting period, resets month-to-date values, and at year end resets year-to-date values across the relevant payroll files.
Rolling Payroll into the new financial year is a required EOFY payroll task. It should be completed from within the Payroll module.
Warning
The end of year payroll process cannot be rolled back. It transfers current year payment records to history and clears the current year payment tables.
Before you start
Before rolling Payroll into the new financial year, make sure you understand what the process does and where it must be run from.
- The process closes the Payroll accounting period.
- Month-to-date values are reset.
- At year end, year-to-date values are reset in the relevant payroll files.
- Depending on the selected options, some transactions are deleted and other accumulators are reset.
- Current year payment records are moved to history.
Note: You can roll Payroll into the next financial year even if you have not fixed and finalised the income statement or completed your final Single Touch Payroll declaration. Once rolled over and you are attempting to fix and finalise the previous financial year, ensure you input the financial year in the top left (for example, 2025 for FY 2025–26).
Roll Payroll to the next financial year
Use the Payroll Period End option to roll Payroll into the next financial year.
| 1 | Go to the Payroll Period End screen. Payroll > Period End |
| 2 | Review the default options displayed on the screen. The screen is populated with default options. It is recommended that you use the default options unless your business has been advised to use different settings. |
| 3 | Confirm the options are correct for your Payroll rollover. |
| 4 | Proceed with the Payroll Period End process when you are ready to roll into the next financial year. |
Important: Payroll must be rolled into the new financial year from the Payroll module. Do not use the Period End Processing function to roll Payroll into the new financial year.
After Payroll has been rolled over
After Payroll has been rolled into the next financial year, current year payment records are held in history and the current year payment tables are cleared.
You can continue with any remaining EOFY payroll tasks that apply to your business, including final checks for Single Touch Payroll reporting, tax rates, and superannuation settings.
What to do next
Once Payroll has been rolled into the new financial year, continue with any remaining payroll setup checks required for the new year.
If you have not already completed STP finalisation, refer to How to finalise Single Touch Payroll for EOFY in Jobpac.
You're done when:
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